The rating applies to ACME Aklera Power Technology’s 250 MW renewable energy capacity in Rajasthan for its INR 1,072 crore term loan facility from Bank of America, Standard Chartered Bank and India Infradebt Limited.
With the addition of Tata Power’s 4.8 GW capacity, the total ALMM-enlisted solar cell capacity has increased to 17.8 GW, up from 13 GW.
India installed 18 GW of solar power capacity in the first five months of FY 2026 and is on track to add over 45 GW during the fiscal year, according to a new report by SBICAPS.
Inox Solar has commenced production from the first 1.2 GW phase of its planned 3 GW solar module manufacturing facility in Gujarat.
ACME Solar Holdings Ltd has secured domestic funding of INR 1,100 crore from the State Bank of India (SBI) to refinance its 300 MW renewable energy project in Rajasthan.
ReNew Energy Global Plc (ReNew) has announced price reduction in its solar modules and cells, following the Government of India’s landmark decision to lower goods and services tax (GST) on renewable energy equipment from 12% to 5%, effective September 22, 2025.
Gautam Solar has unveiled its 630Wp R-Series TOPCon solar modules for utility-scale PV projects. The new modules are ALMM and BIS approved, ensuring compliance for government projects and large-scale tenders, while meeting the highest industry standards.
Avaada Electro has announced the inclusion of its Butibori (Maharashtra) and Dadri (Uttar Pradesh) solar module manufacturing lines in the Approved List of Models and Manufacturers (ALMM) by the Ministry of New & Renewable Energy (MNRE), Government of India. This takes its combined ALMM enlisted capacity to over 5,400 MW a year.
Larsen & Toubro has signed a Memorandum of Understanding with ACWA Power for engineering, procurement and construction of the renewables and grid infrastructure at the Yanbu Green Ammonia Project in Saudi Arabia.
Sunsure Energy has commissioned an 82.5 MWp open access solar power plant in Erach village of Jhansi district in Uttar Pradesh. This latest addition cements its position as a key renewable energy player in the state, with around 300 MW of cumulative operational capacity.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.