CRISIL Reaffirms AA- Rating for ACME Raisar Solar’s ₹1,100 Crore Bank Facilities
Gurugram, March 6, 2026: CRISIL Ratings Limited has reaffirmed its AA-/Stable rating on the long-term bank facilities of ACME Raisar Solar Energy Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited.
According to the company’s filing with BSE Limited and National Stock Exchange of India Limited, the total bank loan facilities rated have been increased to ₹1,100 crore, up from the earlier ₹890 crore.
Credit Rating Details
The reaffirmed rating details are as follows:
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Total Bank Loan Facilities: ₹1,100 crore (enhanced from ₹890 crore)
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Long-Term Rating: CRISIL AA- / Stable (Reaffirmed)
The reaffirmation reflects CRISIL’s continued confidence in the subsidiary’s credit profile and financial stability.
About the Project Entity
ACME Raisar Solar Energy Private Limited operates as a project entity within ACME’s renewable energy portfolio. The parent company, ACME Solar Holdings, is a major renewable energy developer focused on solar power generation and clean energy infrastructure in India.
The rating rationale issued by CRISIL provides detailed insights into the company’s financial performance, operational stability, and project outlook.
Regulatory Disclosure
The company clarified that the filing was made as a voluntary disclosure and should not be treated as an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure was signed by Rajesh Sodhi, Company Secretary and Compliance Officer of ACME Solar Holdings Limited.