In Short : Acme Solar reported a 130.7% surge in FY25 profit to ₹251 crore, driven by the addition of 1,200 MW solar capacity, including a key project in Jaisalmer. Revenue rose 7.4% to ₹1,575 crore. The company’s total contracted capacity now stands at 6,970 MW, reflecting strong growth in its renewable energy portfolio and […]
ACME Solar Commissions First Phase of Sikar Project in Rajasthan – EQ
In Short : ACME Solar has commissioned the first 52.5 MW phase of its 300 MW Sikar Solar Power Project in Bikaner, Rajasthan, increasing its operational capacity to 2,592.5 MW. Spanning 1,300 acres, the project will generate 780 million units of clean energy annually. Financed by PFC Ltd, the power will be sold on exchanges, […]
ACME Solar Holdings secures Rs 2,491 cr refinancing facility – EQ
In Short : ACME Solar Holdings has secured a ₹2,491 crore refinancing facility to strengthen its financial position and support ongoing renewable energy projects. The move aims to optimize debt structure, reduce financing costs, and boost clean energy capacity, aligning with India’s ambitious renewable energy goals. In Detail : ACME Solar Holdings has secured Rs […]
ACME Solar to Incur Capex of Rs 17,000 Cr for FY26 RE Projects, Targets 10 GW Capacity BY 2030 – EQ
In Short : ACME Solar plans a Rs 17,000 crore capex for FY26 renewable energy projects, targeting 10 GW capacity by 2030. The investment will expand solar, hybrid, and energy storage projects, including green hydrogen initiatives. Aligning with India’s 500 GW renewable goal, ACME aims to boost rural economies, create jobs, and cut emissions, reinforcing […]
ACME Solar Holdings Q3 net profit jumps two-and-a-half-fold to ₹112 cr – EQ
In Short : ACME Solar Holdings reported a two-and-a-half-fold increase in its Q3 net profit, reaching ₹112 crore. The surge was driven by higher revenue from operational projects and improved efficiency. The company’s strong performance reflects the growing momentum in India’s renewable energy sector, reinforcing its commitment to expanding solar capacity and sustainable energy solutions. […]
ACME Solar Holdings Limited Signs PPA with NHPC for 680 MW FDRE Project – EQ
New Delhi – ACME Solar Holdings Limited, a leader in renewable energy, is delighted to announce the signing of a Power Purchase Agreement (PPA) with NHPC Limited for a Firm & Dispatchable Renewable Energy (FDRE) project of 680 MW capacity. This marks a significant milestone in ACME Solar’s journey to accelerate India’s transition to clean […]
ACME Solar commissions additional 90 MW solar power capacity in Rajasthan – EQ
In Short : ACME Solar has successfully commissioned an additional 90 MW of solar power capacity in Rajasthan, further strengthening its position in India’s renewable energy sector. This expansion is part of ACME’s ongoing efforts to enhance solar power generation across the country. The new capacity will contribute to Rajasthan’s renewable energy goals and support […]
Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ
New Delhi – ACME Renewtech Private Limited, a subsidiary of Acme Solar Holdings Limited, has successfully secured INR 1,988 crore in term loan financing from Power Finance Corporation (PFC) to fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar […]
ACME Solar Holdings commissions four ISTS-connected SECI projects of 1,023 MW in Jaisalmer – EQ
In Short : ACME Solar Holdings has commissioned four ISTS-connected solar projects in Jaisalmer, Rajasthan, with a total capacity of 1,023 MW. The projects are expected to generate around 3,000 million units of clean energy annually, reducing emissions by 2.6 million tonnes per year. Financed by PFC and REC, the projects have a 25-year PPA […]
ACME Solar Holdings Limited Secures 250 MW FDRE Project in NHPC Auction – EQ
New Delhi – Acme Solar Holdings Limited has successfully secured a 250 MW Firm & Dispatchable Renewable Energy (FDRE) project in the e-reverse auction held by NHPC on December 10, 2024, at a tariff of INR 4.56 per unit. Notably, this project includes a green-shoe option that could potentially expand the total capacity of this […]