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 Company
2017 -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 plant
2020 -400 MW and 100 MW of solar plants sold to ACTIS and AMPLUS, respectively
2021 -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 energy
2023 -Awarded with our first wind energy project of 150 MW by GUVNL
2024 -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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