ACME Solar

India | Leadership | News

ACME Solar names Yogesh Kumar Sanklecha as Head Business Development
By January 15, 2026January 15, 2026

ACME Solar Holdings Limited has designated Mr. Yogesh Kumar Sanklecha, Head Business Development, as a Senior Management Personnel (SMP) with effect from 15 January 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee through a circular resolution dated 14 January 2026. Mr. Sanklecha holds a Bachelor of Commerce degree from North Maharashtra University and a Master of Business Administration (MBA) in Marketing from Dr. Vikhe…

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India | News | Renewable Energy

ACME subsidiary commissions 12 MW wind project segment in Gujarat
By January 8, 2026January 8, 2026

ACME Solar Holdings Limited said that its subsidiary, ACME Eco Clean Energy Private Limited, has received a Certificate of Commissioning from the Gujarat Energy Development Agency (GEDA), confirming the commissioning of part of its ongoing wind project in Gujarat. The certificate, dated January 06, 2026, officially records the commissioning of a 12 MW portion of a planned 100 MW wind power project. The project spans locations in Sokhda, Garambhadi and Piparali in the Surendranagar district…

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India | News | Renewable Energy

ACME Solar forms two new subsidiaries for renewable energy business
By January 2, 2026January 2, 2026

ACME Solar Holdings Limited has expanded its corporate structure by establishing two new wholly-owned subsidiaries on the first day of the new year. In a regulatory filing, ACME Solar Holdings Limited stated that it has incorporated ACME Greentech Fifteen Private Limited and ACME Greentech Eighteen Private Limited. Both companies are registered in Gurugram, Haryana, India. The subsidiaries have been established to undertake business related to the development, establishment, and operation of power generation and renewable…

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India | News | Renewable Energy

ACME Solar commissions additional 4 MW in Gujarat project
By December 26, 2025December 26, 2025

ACME Solar Holdings Limited stated that its subsidiary ACME Eco Clean Energy Private Limited has commissioned an additional 4 MW of its 100 MW wind power project at Titoda, Sayla, Surendranagar, Gujarat. Officials from the Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company Limited (PGVCL) have confirmed the commissioning, and a formal certificate is expected soon. With this addition, the total commissioned capacity of the project now stands at 56 MW. The company…

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India | News | Renewable Energy

ACME Solar wins 450 MW peak power project from SJVN
By November 13, 2025November 13, 2025

ACME Solar Holdings Limited has secured a 450 MW (1,800 MWh) Firm and Dispatchable Renewable Energy (FDRE-IV) project from SJVN Limited at a tariff of Rs 6.75 per unit for 25 years. The project was awarded on November 10, 2025, following an e-reverse auction held on October 9, 2025, under the Tariff-Based Competitive Bidding (TBCB) guidelines. The project will supply power equivalent to 4 MWh per MW of capacity during any four-hour window each day…

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India | News | Renewable Energy

ACME Solar signs 50 MW FDRE PPA with Tata Power and commissions 28 MW wind project in Gujarat
By October 22, 2025October 28, 2025

ACME Solar Holdings Limited has expanded its renewable portfolio with two major milestones, the signing of a 25-year Power Purchase Agreement (PPA) for a firm renewable energy project and the commissioning of the first phase of a 100 MW wind project in Gujarat. Through its special purpose vehicle (SPV), ACME Solar signed the PPA with Tata Power Company Limited (Tata Power-D) on October 16, 2025, for a 50 MW Firm and Dispatchable Renewable Energy (FDRE)…

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India | News | Renewable Energy

ACME Solar to raise stake in subsidiary Sigma Urja
By October 15, 2025October 28, 2025

ACME Solar Holdings Limited has approved an investment to increase its shareholding in its subsidiary, ACME Sigma Urja Private Limited, from 49% to 99.66%. The company will subscribe to 1.5 million new equity shares for a total consideration of Rs 1.5 crore. The decision was approved by the Operational Committee on October 10, 2025, as part of ACME Solar’s plan to fund the development, construction, and commissioning of a new renewable energy project. The acquisition…

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News | Finance | India

ACME Solar secures Rs 1,100 crore refinancing for Rajasthan project
By September 23, 2025October 28, 2025

ACME Solar Holdings Limited has arranged Rs 1,100 crore for refinancing debt for a 300 MW renewable energy project in Rajasthan and lowering borrowing costs by about 100 basis points. The project has been operational for six months and has maintained stable capacity utilisation factor (CUF) levels during this period. The refinancing has been arranged through the State Bank of India (SBI) with a tenure of nearly 17 years. According to the company, the transaction…

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News | India | Renewable Energy

ACME Solar ends acquisition agreement for AK Renewable Infra
By September 15, 2025October 28, 2025

ACME Solar Holdings Limited has announced the termination of its planned acquisition of AK Renewable Infra Private Limited. In a regulatory filing on September 14, 2025, the company stated that the share purchase agreement signed on September 5, 2025, with the target company and its existing shareholders has been cancelled. The decision was reached after mutual discussions between the parties. The agreement was formally terminated on September 13, 2025, in line with the provisions of…

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News | India | Renewable Energy

ACME Solar places 2 GWh battery storage order with Lishen
By September 9, 2025October 28, 2025

ACME Solar has placed an order for 2 gigawatt-hours (GWh) of battery energy storage systems (BESS) with Chuzhou Lishen New Energy Technology Co. Ltd. The order was routed through POSCO International Corporation and China FAW Group Import and Export Co. Ltd. According to ACME Solar, deliveries will take place in phases over the next six to ten months. The systems will be deployed across the company’s firm and dispatchable renewable energy (FDRE) projects as well…

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