ACME Solar: Stock jumps 5% after securing ₹3,892 Cr project funding from SBIACME Solar: Stock jumps 5% after securing ₹3,892 Cr project funding from SBI

Introduction

Leading renewable energy company secured INR 3,892 crore long-term funding from a major bank for a 400 MW firm and dispatchable solar project in Barmer, Rajasthan, including solar and battery energy storage systems.

Also Read: Shrimp stocks jump up to 17% after EU Union approves exports to to its member countries

Share price movement of ACME Solar

On September 11, 2025, ACME Solar Holdings Ltd opened at ₹309.55, up 2.41% from its previous close of ₹302.30. The stock reached a high of ₹317.90 (5.16% jump) and a low of ₹307.65. By 10:27 AM, it traded at ₹309.60, a 2.41% increase, with a market cap of ₹18,733.52 crore.

ACME Solar Secures INR 3,892 Crore Funding

ACME Venus Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, secured INR 3,892 crore project funding from State Bank of India for a 400 MW renewable energy project.

The project will be developed in Barmer, Rajasthan, and contracted with NHPC at a tariff of INR 4.64 per unit. Repayment of the funding is spread across 19 years.

The 400 MW Firm and Dispatchable Renewable Energy project will include solar and Battery Energy Storage System installations. This ensures higher dispatchability and compliance with the power purchase agreement conditions.

Recent news on ACME Solar

As of August 13, 2025, ACME Solar Holdings Ltd announced that its subsidiary ACME Hybrid Urja secured Rs 3,184 crore project funding from REC Ltd for a 280 MW Firm and Dispatchable Renewable Energy project.

Stock performance of ACME Solar for Period of 1 week, 1 month, and 6 months

ACME Solar Holdings Ltd delivered a 2.60% return over the past week, it gained 5.75% in the past month. The stock increased 50.4% over the past six months.

Also Read: Vikram Solar: Stock jumps 13% after its net profits grow 484.2% in Q1

Shareholding pattern of ACME Solar

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	83%	83%	83%
FII	5.80%	4.70%	5.50%
DII	6.60%	7.10%	7.00%
Public	4.20%	4.80%	4.10%

About ACME Solar

ACME Solar Holdings Ltd (NSE: ACMESOLAR) is a leading renewable energy company with 2,890 MW operational capacity, offering solar, wind, storage, FDRE, and hybrid solutions with in-house EPC and O&M services.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs