Acme Solar Holdings Limited (ACMESOLAR)
ACME Solar raises INR 3404.57 crore project funding for ACME Urja One 250 MW FDRE project from Power Finance Corporation Limited
ACME Solar secures INR 3,404.57 crore long-term funding from Power Finance Corporation for its 250 MW ACME Urja One FDRE project. The project combines solar, wind, and battery storage technologies, spans Rajasthan and Gujarat, and is on schedule for commissioning next year. The tariff of INR 4.33/unit is approved for 25 years. Total funding raised this fiscal is INR 6,051 crore.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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