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    ACME Solar Holdings History

    BSE:544283  |  NSE:ACMESOLAREQ  |  IND:Power Generation - Clean/Green engergy  |  ISIN code:INE622W01025  |  SECT:Power

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    The Company History page lists out the major events in chronological order for ACME Solar Holdings Ltd.

    Company History - ACME Solar Holdings Ltd.
    Our Company was originally incorporated as ACME Solar Holdings Private Limited at Haryana, India, as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated June 3, 2015, issued by the Registrar of Companies, Delhi and Haryana at New Delhi. Upon the conversion of our Company into a public limited company, pursuant to a board resolution dated May 1, 2017, and a shareholders' resolution dated May 2, 2017, the name of our Company was changed to ACME Solar Holdings Limited, and a fresh certificate of incorporation dated May 12, 2017, was issued by the RoC. Pursuant to a board resolution dated January 21, 2020, and a shareholders' resolution dated January 24, 2020, our Company was converted into a private limited company and consequently, the name of our Company was changed to ACME Solar Holdings Private Limited, and a fresh certificate of incorporated dated July 1, 2020, was issued by the Registrar of Companies, New Delhi. Due to administrative and commercial considerations our Company was converted from a public limited company to a private limited company on July 1, 2020.Subsequently, pursuant to a Board resolution dated May 27, 2024 and a Shareholders' resolution dated June 7, 2024, our Company was converted into a public limited company and consequently, the name of our Company was changed to ACME Solar Holdings Limited and a fresh certificate of incorporation dated June 22, 2024 was issued by the RoC.Major Events and Milestones:2015-Incorporation of our Company2017-Acquisition of operational portfolio of 494 MW renewable energy plants from ACME Group by our Company, along with EPC capabilities to become a vertically integrated renewable energy power developer-Achieved installed capacity of 1 GWp of renewable energy till December 2017-Expanded our presence to commission renewable energy plants across ten different states in India.2018-Our Company developed 299.5 MWp solar power plant at Bhadla, Rajasthan-Commissioned over 2 GWp of renewable energy-Commissioned 50th solar energy power plant2020-400 MW and 100 MW of solar plants sold to ACTIS and AMPLUS, respectively2021-260 MW and 250 MW of solar plants sold to Renew and Ayana, respectively-Refinanced the debt of certain of our Project SPVs through green bonds wherein the Project SPVs issued unlisted NCDs in Fiscal 2022 for a total amount of ? 24,855.25 million (US$ 334.00 million) including a top up debt of ? 5,029.30 million (US$ 67.58 million) to India Cleantech Energy, whose green bonds are listed on the Singapore Stock Exchange.2022-Commissioned over 3 GWp of renewable energy2023-Awarded with our first wind energy project of 150 MW by GUVNL2024-369 MW of solar plants sold to Blupine-Diversified into complex renewable energy projects with award of 570 MW of FDRE project from SJVN and 680 MW of FDRE projects from NHPC-Awarded Hybrid/Hybrid with peak power projects of 830 MW-Awarded Solar project of 300 MW and Solar and BESS of 350 MW

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