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
ACME launches India’s 1st Battery Swapping & Charging Station with Lithium Batteries for the Electric Vehicles Updated On Wed, May 31st, 2017 by Saurenergy ACME has provided EcoCharge Battery Swapping & Charging Stations to Ola for their Pilot Project at Nagpur City ACME has announced the launch of EcoCharge, country’s 1st Battery Swapping & Charging Station for the Electric Vehicles. The EcoCharge Battery Swapping & Charging Station comes with the following advantages: Lowest Operating Cost Fast Charging Swapping time […] Read more
EDF Energies Nouvelles calls off partnership with Acme Cleantech Solutions Updated On Wed, Oct 5th, 2016 by Saurenergy EDF Energies Nouvelles, a French renewable energy group has called off its collaboration with Acme Cleantech Solutions, a Gurgaon-based green technology solution provider, over differences in strategy- marking an end to its first venture into the Indian solar energy. The Paris-based state-run power major, however, remains confident about its clean energy projects in the country. […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] 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
