ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank of India (SBI) for the development of a 400 MW firm and dispatchable renewable energy (FDRE) project in Barmer, Rajasthan. The loan’s repayment is spread across 19 years.