Archive · 23 Sep 2025
ACME Solar Refinances ₹1,100 Crore Debt for Rajasthan Project
ACME Solar, a renewable energy company, obtained ₹1,100 crore from SBI to refinance debt for its 300 MW solar project in Rajasthan, which has been running for about six months.
This refinancing aims to lower financing costs.
The company aims to strengthen its financial position.
ACME Solar has a diverse portfolio, including solar, wind, and storage projects.
Recently, the company reported strong first-quarter earnings, with a significant increase in EBITDA and revenue.
ACME Solar secured ₹1,100 crore in refinancing from SBI.
The refinancing is for a 300 MW renewable energy project in Rajasthan.
The project has been operational for around six months.
The refinancing aims to reduce financing costs.
Q1 2025 saw strong earnings, with revenue and EBITDA increases.
- Who
- ACME Solar
- What
- Secured refinancing for a Rajasthan solar project.
- When
- Recently; Rajasthan project operational for six months.
- Where
- Rajasthan, India
- Why
- To reduce financing costs and strengthen its financial position.
Financial Performance
Future Growth
Profitability
Financial Performance
ACME Solar shows strong growth, with significant increases in revenue and EBITDA. The company is experiencing solid profitability.
Future Growth
The refinancing supports the company's goal of further expanding its capacity and overall growth. It suggests confidence in the company's strategy.
- Funding Amount (Refinancing)
- ₹1,100 crore
- Funding Source
- State Bank of India (SBI)
- Project Location
- Rajasthan, India
- Project Capacity
- 300 MW
- Refinancing Tenure
- Approximately 17 years
- Operational Capacity
- 2,890 MW
- Q1 2025 EBITDA
- ₹531 crore
