In Short : Acme Solar, one of India’s leading solar power developers, has appointed Ernst & Young (EY) to facilitate the sale of its stake in an Infrastructure Investment Trust (InvIT). This move is part of Acme’s strategic initiatives to unlock value and raise funds for future projects. InvITs have become popular investment vehicles in […]
ACME Solar in talks to raise debt of Rs 4,000 cr – EQ Mag
ACME Solar is in advanced discussions with lenders, including REC, PFC, State Bank of India and banks from the Middle East, to secure debt amounting to ₹4,000 crore to fund the green ammonia and green hydrogen projects in Tamil Nadu, India and Oman. According to two sources familiar with the matter, the discussions have reached […]
Acme Solar Will Set-Up 7 GW Solar & Green Ammonia Facility In India
In Oman, Acme solar is already working on a green ammonia project. In a 50:50 joint venture, the firm collaborates with Scatec ASA of Sweden. According to Acme, the project’s first phase is planned to produce 100,000 tonnes of green ammonia per year. This will ultimately grow to 1.2 million people, with 3.5 GW of […]
ACME Solar commissions 300 MW solar project in Rajasthan – EQ Mag Pro
Gurugram – based renewable energy company ACME Solar has successfully commissioned a 300 MW solar power project for MSEDCL. The project is situated at village Badiseed in Jodhpur District of Rajasthan. The electricity generated from this plant is supplied to Maharashtra. This project can light up over 6 lakh homes. “This is the largest single-location […]
Karnataka DISCOMs Asked to Compensate Solar Developer for Safeguard Duty Imposition – EQ Mag Pro
Karnataka DISCOMs Asked to Compensate Solar Developer for Safeguard Duty Imposition. For more information please see below link:
ACME Solar Holdings Successfully Agrees Issuance of NCDs in Connection With Pricing of $334 Million Via Offshore Green Bonds
Gurugram, July 30, 2021 : 12 projects of ACME Solar Holdings Private Limited (ACME) today agreed to a debt investment of approx. $334 million, which will be funded by US dollar-denominated green bonds that were successfully priced today. The bonds will be issued by an offshore company and proceeds of the bonds will be used […]
Petition Withdrawn by ACME Solar for Termination Petition for 600 MW Project
Petition Withdrawn by ACME Solar for Termination Petition for 600 MW Project. For more information please see below link:
ACME Solar Wins Solar Award: ‘Project Developer of the Year 2020-21 Platinum’
Project Developer of the Year 2020-21 Platinum was awarded to ACME Solar on May 26, 2021. EQ organized ‘India Solar Awards 2020-21’ through virtual mode for the solar industry of India. The event was powered by EQ iSearch and conducted on the basis on solar achievements of 2020-21. Renew Power shared this award with ACME […]
Union Of India vs Acme Solar Holdings Ltd on 25 March, 2021
Union Of India vs Acme Solar Holdings Ltd on 25 March, 2021 Please find more information on below link.
Petronas acquires 100 MW solar assets from Acme Solar
Has acquired the assets through its Indian unit Petroliam Nasional Berhad (Petronas), Malaysia’s state-run oil and gas company, has acquired around 100 MW solar assets owned by Acme Solar. The solar assets located in Karnataka, were acquired at an enterprise value of Rs 800 crore. Petronas has acquired the assets through its Indian unit Amplus […]
