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Crisil assigns ‘AA-/Stable’ rating to INR 2,086 crore bank loan of Acme Solar
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Crisil assigns ‘AA-/Stable’ rating to INR 2,086 crore bank loan of Acme Solar
Acme Solar has secured ‘AA-/Stable' rating for 600 MW of renewable energy projects in Rajasthan, backed with a total term loan facility of INR 2,086 crore.CRISIL Ratings has assigned an AA- rating with Stable outlook to long-term bank facilities of ACME Deoghar Solar Power Pvt Ltd (ADSPPL) and ACME Phalodi Solar Power Pvt Ltd (APSPPL)—both wholly-owned subsidiaries of ACME Solar Holdings (Acme Solar). These ratings are assigned to their cumulati…
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