ACME Solar secures INR 1,571 crore funding from IIFCL for 300 MW Rajasthan project

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹396.00

prior close

₹395.85

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.1%-1.4% vs market

Power Generation peers, median of 28sector-0.5%-1.0% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.0 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.4

15m

+0.4

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-0.1-1.4-0.5-1.0

Next day

-1.0+0.2-1.2-0.6-0.4

+3.0-0.5+3.5-1.7+4.8

+1.5-0.5+2.0-2.3+3.8

+1.0-1.1+2.1-2.4+3.4

+1.2-0.1+1.2-1.9+3.0

+3.9+0.2+3.8-1.7+5.6

15d

+10.6-0.9+11.6-2.9+13.6

+10.5-3.2+13.7-4.8+15.3

+6.1-8.2+14.3-12.5+18.6

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UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ACME Solar has secured INR 1,571 crore long-term funding from IIFCL for its 300 MW assured peak power project in Rajasthan, combining solar and 1350 MWh battery storage. Total project capex is INR 2,123 crore. A 25-year PPA with SECI is signed at INR 6.28 per unit. This is IIFCL's first sole greenfield finance to ACME, with a 19-year repayment tenor. ACME has secured total project funding of INR 10,976 crore this fiscal. Grid connectivity is operational.

Likely market impact

Strengthens project execution and signals lender confidence. New funding supports battery storage growth and long-tenor debt aids cash flow stability.