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ACME Solar Secures INR 1,100 Crore Refinancing for Rajasthan Project

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ACME Solar Secures INR 1,100 Crore Refinancing for Rajasthan Project

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ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) just unveiled an update.

ACME Solar Holdings Limited has secured INR 1,100 crore refinancing from the State Bank of India for its 300 MW renewable energy project in Rajasthan. This refinancing aims to reduce financing costs and strengthen the company’s credit profile, supporting its strategy for significant capacity growth in the coming years.

More about ACME Solar Holdings Ltd.

ACME Solar Holdings is a leading integrated renewable energy company with a diverse portfolio that includes solar, wind, storage, FDRE, and hybrid solutions. The company operates with an in-house EPC and O&M division, ensuring cost-effective and timely project delivery while maintaining high operating performance.

Average Trading Volume: 161,025

Technical Sentiment Signal: Strong Buy

Current Market Cap: 178.3B INR

Learn more about ACMESOLAR stock on TipRanks’ Stock Analysis page.

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