ACME Solar Holdings Limited has announced plans to invest Rs 170 billion in capital expenditure in 2026 to expand its renewable energy portfolio to 5,000 MW by 2027, with a focus on hybrid and firm dispatchable renewable energy projects.
While solar, wind, and hybrid projects remain its core focus, ACME Solar is also evaluating potential investments in nuclear energy. To strengthen its financial position, ACME Solar has reduced its net debt by Rs 20.70 billion using initial public offering proceeds and secured Rs 165 billion in additional debt for 1,700 MW of hybrid and FDRE projects.