Gurugram, Friday, February 6, 2026: ACME Solar Holdings Limited (BSE: 544283, NSE: ACMESOLAR) on Friday announced two key developments that strengthen its renewable energy portfolio and financing profile. The company secured a 301 MW assured peak supply FDRE project, while its wholly owned subsidiary received a long-term AA- credit rating for a 300 MW solar project.
ACME Solar Wins 301 MW Assured Peak Supply FDRE Project
ACME Solar has secured a 301 MW / 1,204 MWh assured peak supply FDRE-VII project through an e-reverse auction conducted on February 5, 2026. Following this win, the company’s overall contracted portfolio has expanded to 8,071 MW, covering solar, wind, storage, hybrid, FDRE and round-the-clock solutions. The formal letter of award is expected in due course.The project mandates supply of 4 MWh per MW of contracted capacity for any four hours each day during non-solar hours, with an availability requirement of 70 percent on a monthly basis and 85 percent annually. The project will combine solar generation with battery energy storage systems, utilising the company’s existing night-time connectivity to meet assured peak power supply obligations.
Portfolio Scale and Execution Overview
With the latest addition, ACME Solar’s operational contracted capacity stands at 2,962 MW, while 5,109 MW is under construction, including approximately 17 GWh of battery energy storage capacity. The company continues to execute projects through its integrated in-house EPC and operations and maintenance platform, supporting timely project delivery and operational efficiency.AA- Credit Rating Assigned to ACME Sikar Solar Project
In a separate development, ACME Sikar Solar Private Limited, a wholly owned subsidiary of ACME Solar Holdings, has received an AA- credit rating with a stable outlook for its Rs 1,209 crore long-term fund-based term loan linked to its 300 MW solar project.The rating reflects the project’s long-term power purchase arrangements, competitive project costs, and recent refinancing initiatives that have improved the financing structure. The assessment also indicates healthy debt servicing metrics for the project over its operating tenure.
Credit Rating Snapshot
| Particulars | Details |
|---|---|
| Project Capacity | 300 MW |
| Rated Instrument | Long-term fund-based term loan |
| Loan Amount | Rs 1,209 crore |
| Credit Rating | AA- |
| Outlook | Stable |
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