ACME Sun Power Secures Rs.3,753 Crore Loan From REC For FDRE Projects Updated On Mon, Nov 18th, 2024 by Saurenergy ACME Solar Holdings’ subsidiary, ACME Sun Power Private Limited, has secured a Rs. 3,753 crore term loan from REC Limited. This financing is extended to support the development and construction of a 320 MW Firm and Dispatchable Renewable Energy (FDRE) project in collaboration with SJVN. The Gurugram-based company’s recent project are planned to be located […] Read more
Green Stocks Nov 13: Acme Makes Tepid Debut, Reshuffle In Green Pack Updated On Wed, Nov 13th, 2024 by Saurenergy On a big day for green energy developers, one of the pioneering firms, Acme Solar finally listed on the bourses today. When we last checked, the price of Rs 255.15 which was below its cut off price of Rs 289, which will mark one of those rare occasions when a green energy stock has listed at […] Read more
Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender Updated On Sat, Nov 9th, 2024 by Saurenergy NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. In this tender, out of the 1.2 GW, […] Read more
ACME, SAEL, Essar, Onward, NTPC REL Winners Of 1.2 GW SJVN Solar Tender Updated On Fri, Aug 9th, 2024 by Saurenergy SJVN Limited has announced the winners of its 1.2 GW solar tender, in which included Acme Solar Holdings, SAEL Industries, Essar Renewables, Onward Solar Power, and NTPC Renewable Energy (NTPC REL), as the successful bidders at an average tariff of Rs. 2.52/kWh. Under this tender, SJVN has allocated 300 MW each to Acme Solar, Essar […] Read more
ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] Read more
Avaada, ACME Get HC Relief In Solar Warehouse Duty Case Updated On Thu, May 9th, 2024 by Saurenergy The Delhi High Court in a latest judgement gave relief to Indian solar project developers Avaada and ACME. These companies had earlier approached the high court with a writ petition seeking their intervention against the orders of the revenue department to impose duties on their solar warehouses and show cause notices related to the cancellation […] Read more
Yara, ACME Sign A Binding Agreement To Supply Green Ammonia Updated On Fri, Mar 1st, 2024 by Saurenergy Yara, a Norwegian crop nutrition company engaged in ammonia trade and shipping, signed a firm and binding agreement for the supply of ammonia with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. They signed a firm and binding agreement for the supply of ammonia to reduce CO2 emissions from Acme to Yara on a long-term […] Read more
CERC Grants No Relief To ACME Over GNA Transition Payment Updated On Thu, Sep 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order has refrained from giving ACME Solar Holdings Private Limited (ASHPL) any relief from the payment of bank guarantee. The payment was mandated due to its transition to General Network Access (GNA) as per the newly introduced CERC (Connectivity and General Network Access to the Inter-State Transmission System) […] Read more
BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender Updated On Thu, Aug 10th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of 1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […] Read more
