Solar Company Secures Rs 1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of Rs 3.05 per Unit
Solar Company Secures Rs 1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of Rs 3.05 per Unit

Solar Company Secures Rs 1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of Rs 3.05 per Unit

This approach leverages the existing grid connectivity in Bikaner-2 and capitalizes on the substantial capital expenditure already incurred, streamlining the project's development and ensuring timely completion.

Kiran Shroff Article rating: 5.0

Notably, PFC, as the sole lender, has structured the financing with an optimal debt-to-equity ratio of 80:20, ensuring a sound financial framework for the project.

Power Generation Company Secures 250 MW FDRE Project in NHPC Auction
Power Generation Company Secures 250 MW FDRE Project in NHPC Auction

Power Generation Company Secures 250 MW FDRE Project in NHPC Auction

With this latest win, Acme Solar’s total capacity now stands at 6,970 MW,

Kiran Shroff Article rating: 3.3

According to quarterly results, the total revenue increased by 7.4 per cent to Rs 295 crore and net profit increased by 75.4 per cent to Rs u crore in Q2FY25 compared to Q2FY24.

7 Days Ago Listed-Power Generation Stock Surges After Announcing 75.4 Per Cent Jump In Cash PAT In Q2FY25
7 Days Ago Listed-Power Generation Stock Surges After Announcing 75.4 Per Cent Jump In Cash PAT In Q2FY25

7 Days Ago Listed-Power Generation Stock Surges After Announcing 75.4 Per Cent Jump In Cash PAT In Q2FY25

The company's total portfolio has expanded to 6,720 MW, comprising 2,540 MW of operational capacity and 4,180 MW of under-construction projects.

Kiran Shroff Article rating: 3.7

Additionally, the company has refinanced operational projects worth Rs 4,500 crore, resulting in a cash release of Rs 590 crore.

Is this renewable energy company’s IPO worth your investment?
Is this renewable energy company’s IPO worth your investment?

Is this renewable energy company’s IPO worth your investment?

In this analysis, we take a closer look at ACME Solar Holdings Ltd and present you with the exclusive IPO details.

Mandar Wagh Article rating: 5.0

In this analysis, we take a closer look at ACME Solar Holdings Ltd and present you with the exclusive IPO details.

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