ACME Solar Plans to Raise Rs 30 Billion via Securities

05 Sep 2025 CW Team

ACME Solar Holdings is set to seek shareholder approval to raise up to Rs 30 billion through the issuance of securities, as per a notice issued for its upcoming Annual General Meeting (AGM) scheduled on 29 September 2025.

The capital raise may be conducted through one or more private offerings, qualified institutional placements (QIPs), further public offers, or other permissible methods, according to the proposed special resolution.

Board Empowered with Discretion

The resolution aims to grant the company’s board absolute discretion to issue securities in multiple tranches, and to determine pricing, proportions, and timing based on prevailing market conditions and strategic needs.

Operational and Pipeline Portfolio

ACME Solar is a pure-play renewable energy producer in India with a diversified portfolio spanning solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects.

As of the end of the financial year 2024–25, the company had:

2,540 MW of operational capacity
4,430 MW of under-construction capacity

Since 31 March 2025, ACME has:

Commissioned 350 MW of new renewable energy capacity
Won a bid for a 550 MWh standalone battery energy storage system (BESS) project

This brings the company’s total operational portfolio to 2,890 MW.

2030 Ambitions

ACME Solar is targeting a contracted capacity portfolio of 10 GW by 2030, aligning with India’s broader clean energy transition goals.

The planned capital raise is expected to support its ongoing and upcoming projects in solar, wind, and storage, while reinforcing its leadership in the evolving Indian renewable energy landscape.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..