ACEN India raises Rs 7.52 billion for 100 MW wind project in Karnataka

ACEN India, has raised Rs 7.52 billion from Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corporation.

The financing has been raised for the company’s 100 MW wind power project in Bijapur, Karnataka.  The company has signed a power purchase agreement with SJVN for the project, which is expected to be commissioned in 2027. It is projected to generate around 330 million units of clean energy annually.