Acme Solar Holdings Operates as an integrated renewable energy company with a diversified portfolio spanning solar, wind, storage and hybrid solutions.

Icra limited have upgraded the Credit Rating of Acme Aklera Power Technology Private Limited’s Term Loan Facility to ‘ICRA AA-/Stable’ From ‘From’ ICRA A+/Stable ‘, The Company Announced Today. Akptpl is a wholy owned subsidiary of Acme solar holdings limited,

The rating upgrade applies to the company’s ₹ 1,072 Crore Term Loan Facility for its 250 mw renewable energy project located in Rajasthan. The facility is funded by bank of America, Standard Chartered Bank and India Infradebt Limited.

ICRA attributed the upgrade to several factors including the strengthing credit profile of parent company according to Solar, Robust Revenue Visibility, Healthy Operational Performance and Successful Refinancing of Previous Loans at Favorable terms.

The Project Benefits from a 25-Year Power Purchase Agreement With Solar energy corporation of India limited (seci)Which provides Fixed Tariffs and Ensures long-term cash flow predictability. ICRA NOTED SECI’s Track Record of Timely Payments as an additional credit strength.

Acme Solar Holdings Operates as an integrated renewable energy company with a diversified portfolio spanning solar, wind, storage and hybrid solutions. The company has an operational capacity of 2,890 mw and mainTains in-House Engineering, Procurement and Construction (EPC) and Operations and Operations and Maintenance (O & M) Divisions for End-to-End-to-End Project Development.

The shares of acme solar holdings limited was trading at ₹ 284.15 down by ₹ 3.40 or 1.18 per cent on the Nse Today at 3.15 pm.

More like this

Published on September 24, 2025