Acme Solar Holdings Limited — Updates, 25-07-2025: Press Release

ACME Solar's subsidiaries, ACME Deoghar & ACME Phalodi, have secured a 'CRISIL AA-/Stable' rating for Rs 2086 Cr long-term bank facilities supporting 600 MW Rajasthan solar projects. This top-tier rating signals robust revenue visibility, strong financial metrics, and solid debt servicing capacity. Backed by 25-year PPAs with SECI and project operations exceeding generation forecasts, this 'AA' family rating significantly bolsters financial flexibility, paving the way for potential bond issuances and refinancing.