NSEPress Release27 Aug 2026 · 27 Aug 2026, 08:29 am
Press Release
Acme Solar Holdings Limited · ACMESOLAR
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ACME Solar Holdings Limited has secured INR 1,571 crore long-term project funding from IIFCL for the construction and development of ACME Renewtech Sixth 300 MW assured peak power project in Rajasthan.
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Acme Solar Holdings Limited has informed the Exchange regarding a press release dated August 27, 2026, titled "ACME Solar raises INR 1571 crore project funding from IIFCL for ACME Renewtech Sixth 300 MW Assured Peak Power Project".
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Leading Through Innovation
August 27, 2026
To To
BSE Limited National Stock Exchange of India Ltd
Corporate Relationship Dept., Corporate Relationship Dept.,
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Mumbai 400001 Bandra-Kurla Complex,
Bandra (East), Mumbai 400 051
Scrip Code: 544283 Symbol: ACMESOLAR
Sub: Press Release
Dear Sir/Madam,
Please find enclosed a Press Release titled “ACME Solar raises INR 1,571 crore
project funding from IIFCL for ACME Renewtech Sixth 300 MW Assured
Peak Power Project”.
You are requested to take the same on your record.
Thanking you,
For ACME Solar Holdings Limited
Rajesh Sodhi
Company Secretary and Compliance Officer
Encl: As stated
Note: This is voluntary submission and not to be considered as an intimation
under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015.
ACME Solar Holdings Limited
CIN: L40106HR2015PLC102129
Corporate Office: 4th, 6th to 8th Floor, Block A1, DLF World Tech Park, DLF IT SEZ Silokhera, Sector 30, Gurugram, Haryana 122001 India
Tel: +91-124-4507100 Fax: +91-124-7117001
Regd. Office: Plot No .152, Sector-44, Gurugram 122002, Haryana, India
Tel: +91-124-7117000 Fax: +91-124-7117001
Email: cs.acme@acme.in; Website: www.acmesolar.in;
ACME Solar raises INR 1,571 crore project funding from IIFCL
for ACME Renewtech Sixth 300 MW Assured Peak Power Project
GURUGRAM – August 27, 2026: ACME Solar Holdings Ltd (ACME Solar) has secured INR
1,571 crore long-term project funding from India Infrastructure Finance Company Ltd (IIFCL)
for the construction and development of ACME Renewtech Sixth 300 MW assured peak power
project in Rajasthan. This project financing, secured at a competitive rate of interest, marks
IIFCL’s first sole greenfield finance to ACME, with IIFCL acting as the sole lender for the project
with a repayment tenor of 19 years. The current funding milestone takes the overall financing
secured by ACME Solar during this fiscal to INR 10,976 crore. The Power Purchase agreement
(PPA) for this project has been executed with SECI Limited for a period of 25 years at a tariff
of INR 6.28/unit.
ACME Greentech Seventh assured peak power project combines multiple renewable energy
technologies including Solar and Battery Energy Storage System (BESS) to meet the supply
obligations under its PPA ensuring higher predictability and dispatchability. The project entails
a total capex of INR 2123 crore and forms part of ACME Solar’s broader battery-storage capital
deployment programme for the current financial year.
The project is progressing on a strong execution footing, with grid connectivity already
operational, Pooling Substation and dedicated transmission line in advanced stages of
completion and land for the site substantially secured, positioning it for timely construction. The
plant will integrate 1350 MWh BESS alongside solar generation, enabling assured peak power
supply under its PPA. Like ACME Solar’s other assured peak power projects, this asset is
being developed entirely within Rajasthan, reinforcing the state’s growing role as a hub for the
company’s hybrid renewable capacity.
About ACME Solar: ACME Solar Holdings Limited is a leading integrated renewable energy
player with a diversified portfolio of 8,370 MW spanning solar, wind, storage, FDRE and hybrid
solutions and an operational contracted capacity of 2,990 MW and ~3.62 GWh of BESS
capacity and under construction contracted capacity of 5,380 MW. The under construction PPA
signed portfolio stands at 4,010 MW. With an in-house EPC and O&M division, the company
does end-to-end development and O&M of the plants, thereby delivering projects in a time &
cost-effective manner while ensuring best in class operating performance evident in its industry
leading CUF and operating margins.
For Further Details Please Contact
ACME Group Corporate Communications
Frederick Castro Rimjim Bora
Mob: +91 9920665176 Mob: +91 98732 10182
Email: frederick.castro@acme.in Email: rimjim.bora@acme.in