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ACME Solar Secures Rs 1100 Cr Refinancing From SBI

Refinancing move expected to cut costs and bolster ACME Solar’s credit profile for its Rajasthan project. ACME Solar Holdings Limited has secured refinancing worth Rs 1,100 crore from the State Bank of India (SBI) for its 300 MW operational solar power project in Rajasthan. The funding, sanctioned for a tenure of approximately 17 years, is […]

Acme, Japan’s IHI To Build India’s Largest Green Ammonia Project In Odisha

0.4 MT annual capacity project targets exports to Japan by 2029-30 Acme Group and Japan’s IHI Corporation will jointly develop India’s largest green ammonia project at Gopalpur in Odisha, with a planned production capacity of 0.4 million tonne a year. The facility, slated for commissioning by 2029-30, will primarily serve Japan’s power and chemical sectors. […]

ACME And IHI Ink Deal For Green Ammonia Supply

This decision follows ACME’s receipt of a subsidy for 90,000 mt/year of renewable hydrogen, granted as part of India’s Strategic Interventions for Green Hydrogen Transitions programme on 9 January    The Odisha project’s Phase-1 at Gopalpur, India, is expected to supply 400,000 metric tonnes of ammonia obtained from renewable sources annually. On 23 January, the […]

Reliance, ACME And Greenko Secure Top Honors In Green Hydrogen Initiative

Reliance Green Hydrogen, ACME and Greenko ZeroC emerged as top winners, securing the maximum bidding capacity of 90,000 MTPA each   The Solar Energy Corporation of India (SECI) has disclosed the winners of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme, a substantial 450,000 metric tonnes per annum (MTPA) tender. Divided into Technology Agnostic Pathways […]