Archive · 29 Jul 2026
ACME Solar Secures Rs 3,405 Crore Funding
ACME Solar, a big company that makes clean energy, just got a huge loan of Rs 3,405 crore from Power Finance Corporation.
This money is for a new project that will make 250 MW of power using solar, wind, and big batteries.
The project is in Rajasthan and Gujarat and will take 19 years to pay back.
They also have a deal to sell the power for 25 years at Rs 4.33 per unit.
The company is doing well, with their stock price going up a lot.
They have other big projects too, making lots of clean energy.
ACME Solar secured Rs 3,405 crore funding from Power Finance Corporation for a 250 MW FDRE project.
The project combines solar, wind energy, and a Battery Energy Storage System (BESS).
The project is located in Fatehgarh-II, Jaisalmer (Rajasthan) and Jamkhambhaliya, Devbhumi Dwarka (Gujarat).
ACME Solar has a 25-year power purchase agreement with NHPC at a tariff of Rs 4.33/unit.
The company has raised a total of Rs 6,051 crore in project financing during the current financial year.
- Who
- ACME Solar Holdings
- What
- Secured Rs 3,405 crore funding for a 250 MW FDRE project
- When
- Current financial year
- Where
- Fatehgarh-II, Jaisalmer (Rajasthan) and Jamkhambhaliya, Devbhumi Dwarka (Gujarat)
- Why
- To develop and construct a hybrid renewable energy project combining solar, wind, and battery storage
ACME Solar's Financial Growth
Market and Regulatory Challenges
Funding and Project Development
ACME Solar's Financial Growth
ACME Solar has successfully secured significant funding for its renewable energy projects, indicating strong financial health and investor confidence.
Market and Regulatory Challenges
The company faces challenges in managing large-scale projects and ensuring timely completion amidst regulatory and market fluctuations.
Stock Performance
ACME Solar's Financial Growth
The company's share price has shown impressive growth, reflecting positive market sentiment and investor trust.
Market and Regulatory Challenges
Market volatility and regulatory changes could impact the company's stock performance in the future.
- Funding Amount
- Rs 3,404.57 crore
- Project Capacity
- 250 MW
- Loan Tenure
- 19 years
- PPA Duration
- 25 years
- Tariff
- Rs 4.33/unit
- Project Locations
- Fatehgarh-II, Jaisalmer (Rajasthan) and Jamkhambhaliya, Devbhumi Dwarka (Gujarat)
- Expected Commissioning
- Next year
- Total Funding Raised
- Rs 6,051 crore