Piramal Enterprises in advanced talks to invest Rs 8 billion in ACME Solar

Piramal Enterprises Limited (PEL) is in advanced stages of talks to undertake an investment of Rs 8 billion in ACME Solar Energy Private Limited. ACME will utilise the funds to complete its upcoming solar power projects in the country. The investment will be made through PEL’s Structured Investment Group, which provides structured mezzanine funding to companies, especially in infrastructure.