ACME Solar Holdings Ltd has tied up ₹4,725 crore in debt from top Indian lenders to fund greenfield solar projects with battery storage and refinance existing assets. This bolsters its 7,520 MW renewable portfolio, achieving over 90% debt tie-up for under-construction projects while cutting financing costs.
ACME Solar Holdings Ltd, a key player in India's renewable energy space, announced a major ₹4,725 crore debt financing package from leading institutions like Power Finance Corporation (PFC), NaBFID, and Yes Bank. The funds support advanced-stage construction of solar projects with battery energy storage systems (BESS) and refinance operational assets to lower interest costs significantly.
This move aligns with ACME's strategy to diversify funding sources, optimize capital structure, and accelerate its ambitious pipeline. The company now boasts a 7,520 MW portfolio, including 2,942 MW operational and 4,578 MW under construction, with strong PPA-backed capacity.
Key Highlights:
New Financing: ₹2,716 Cr from PFC for 300 MW ACME Sigma FDRE (4-hr BESS); ₹800 Cr from NaBFID for 150 MW ACME Platinum Solar ESS (2-hr BESS).
Refinancing: ₹1,209 Cr from Yes Bank for 300 MW ACME Sikar Solar, reducing costs by 170-195 bps.
FY Achievements: ₹10,590 Cr greenfield debt; ₹3,380 Cr refinanced at 135 bps savings.
Portfolio: 7,520 MW total (5,380 MW PPA-signed); in-house EPC & O&M.
Source: ACME Solar Holdings Ltd press release (Dec 18, 2025); BSE/NSE filings.