Acme Solar Holdings Limited has informed the Exchange regarding a press release dated September 23, 2025, titled "ACME Solar secures Rs 1,100 crorerefinancing from SBI for 300 MW project in Rajasthan".
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Acme Solar Holdings has secured Rs 1,100 crore in refinancing from State Bank of India (SBI) for its 300 MW renewable energy project in Rajasthan. The loan has a tenure of approximately 17 years and is expected to reduce the project's financing cost by around 100 basis points. The subsidiary carrying this debt is rated CRISIL AA-, and the project has been operational for about 6 months with consistent capacity utilisation. The move is part of the company's broader strategy to optimise financing costs across its portfolio and strengthen its credit profile through rating upgrades.
Lower debt servicing costs should improve project-level returns and overall margins for shareholders. Securing long-tenure funding from a top public-sector lender signals strong lender confidence and supports Acme Solar's expansion plans, though this is a refinancing rather than fresh capital raise.