ACME Solar Holdings

Renewable energy developer ACME Solar Holdings Ltd reported a remarkable sevenfold increase in net profit to Rs. 115 crore for the quarter ended September 2025, driven by rising power generation capacity, operational efficiencies, and improved tariff realization. The company’s strong quarterly performance reflects the rapid momentum in India’s renewable energy transition, as ACME expands its footprint in solar and hybrid projects.

ACME Solar Holdings has finalized a Rs. 1,072 crore domestic project finance arrangement for its subsidiary, ACME Aklera Power Technology Pvt Ltd, to refinance debt associated with its 250 MW operational solar project in Rajasthan. The initiative aims to reduce borrowing costs by 95 basis points, lowering the interest rate to 8.5% per annum over an 18-year tenure. With a robust operational record and an annual Capacity Utilisation Factor (CUF) of 29.3% in FY25, the project showcases stability and performance.