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ACME Solar Secures ₹1,100 Crore SBI Refinancing For 300 MW Rajasthan Project

Written by: Team Angel OneUpdated on: 23 Sept 2025, 6:08 pm IST
ACME Solar gets ₹1,100 crore refinancing from SBI to cut financing cost by 100 bps for its 300 MW Rajasthan project with a 17-year tenure.
ACME Solar Secures ₹1,100 Crore SBI Refinancing For 300 MW Rajasthan Project
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Dated September 23, 2025, ACME Solar Holdings Limited announced a ₹1,100 crore domestic refinancing from State Bank of India for its 300 MW renewable project in Rajasthan to lower financing costs and strengthen its credit profile.

₹1,100 Crore SBI Refinancing For 300 MW

ACME Solar secured ₹1,100 crore refinancing from State Bank of India to replace existing debt for its 300 MW Rajasthan asset, targeting a financing cost reduction of 100 bps over a 17-year tenure.

The project has an operational track record of about 6 months with optimum CUF levels, supporting stable cash flows under the company’s portfolio strategy.

Credit Profile And Ratings

The refinancing aligns with ACME Solar’s plan to optimise costs and pursue rating upgrades, with the borrowing routed via a subsidiary rated CRISIL AA-.

Management highlights financial discipline and stability as drivers for improved project credit ratings and balance sheet resilience.

Operational Strength And Portfolio

The company reports 2,890 MW operational capacity across solar, wind, storage, FDRE and hybrid solutions, supported by in-house EPC and O and M capabilities.

Industry-leading CUF and operating margins are cited as outcomes of end-to-end development and efficient execution.

Read More: KPI Green Energy to Raise $363 Million Loan from SBI and Issue ₹670 Crore Green Bond!

ACME Solar Share Price Performance

On September 23, 2025, ACME Solar share price opened at ₹305.00 on NSE, above the previous close of ₹298.00. During the day, it surged to ₹305.80 and dipped to ₹300.20. The stock is trading at ₹301.20 as of 9:22 AM. The stock registered a moderate gain of 1.07%.

Over the past week, it has declined by 2.08%, over the past month, it has moved up by 5.43%, and over the past 3 months, it has moved up by 22.64%.

Conclusion

ACME Solar’s ₹1,100 crore SBI refinancing for the 300 MW Rajasthan project underscores a clear focus on lowering financing costs, strengthening ratings and enabling future capacity expansion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 23, 2025, 12:37 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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