IL&FS Violates Metering Norms at Solar Plants of SoftBank Energy and ACME Solar Updated On Thu, Sep 6th, 2018 by Saurenergy IL&FS has been found violating the metering norms in the solar power plants set up by SoftBank Energy (SB Energy)and ACME Solar in Rajasthan’s Bhadla solar park. Rajasthan Urja Vikas Nigam (RUVNL), under the gross violation of metering norms by IL&FS, has ordered the constitution of a committee to look into the matter. Solar power […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
India’s Acme Solar Eyes 335 Million Dollars through IPO Updated On Thu, Oct 12th, 2017 by Saurenergy Funds raised from the IPO will be used for setting up this 200 megawatt project. This seems to be a very smart move on the part of the company, as raising debt with such a low tariff would have been a major challenge even when the off-taker is a government entity like NTPC Limited. One […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] 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
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
BluPine Energy Acquires 369 MW Solar Assets From Acme Group Updated On Mon, Mar 4th, 2024 by Saurenergy Read more
BluPine Energy Acquires 369 MW Solar Assets From Acme Group Updated On Mon, Mar 4th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […] Read more
