Acme Solar Holdings Limited
ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy (“FDRE”) projects
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ACME Solar filed its FY2025-26 Business Responsibility and Sustainability Report, assured by Grant Thornton. The company's operations avoided 13.9 million tonnes of CO2 emissions, achieved Zero Liquid Discharge, and reported zero workplace fatalities. This highlights robust environmental and social governance.
ACME Solar's wholly-owned subsidiary commissioned a 15 MW/240.752 MWh Battery Energy Storage System in Jaisalmer, Rajasthan. This boosts the subsidiary's total commissioned capacity to 300 MW/1354.224 MWh, strengthening renewable energy infrastructure.
ACME Solar's subsidiary secured a 25-year PPA with Northeast Frontier Railway for a 130 MW Round the Clock (RTC) renewable project at Rs. 4.35/kWh. This deal signals substantial long-term revenue for the company.
ACME Solar won 300 MW in SECI's peak power tender at Rs. 6.00/kWh. This adds 1.2 GWh to its battery storage portfolio, boosting its PPA-signed BESS pipeline to 15 GWh. Project readiness should accelerate execution.
ACME Solar's subsidiaries, ACME Eco Clean Energy and ACME Pokhran Solar, received Crisil A+/Stable ratings for their bank facilities. This covers Rs 657.08 Cr and Rs 310.74 Cr, respectively, signaling strong credit profiles for their operations.