Acme Solar Holdings Limited — Updates, 04-07-2025: Press Release
04-07-2025 | 08:03 am
04-07-2025 | 08:03 am
ACME Solar has announced a board meeting on the financial results for the quarter and half-year. CRISIL assigned a high 'AA-/Stable' rating to the Rs 890 crore long-term bank facility for ACME Raisar Solar’s 300 MW project in Rajasthan, citing strong revenue visibility and a 25-year fixed-tariff PPA with SECI. This upgrade is expected to reduce the project’s cost of debt by 75 bps to 8.95%. ACME’s portfolio spans 6,970 MW and 550 MWh, with 2,890 MW operational and robust operational metrics supporting credit quality.
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