{"id":649092,"date":"2025-10-08T10:24:40","date_gmt":"2025-10-08T04:54:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=649092"},"modified":"2025-10-08T10:24:40","modified_gmt":"2025-10-08T04:54:40","slug":"crisil-upgrades-acme-solars-long-term-rating-bank-facility-enhanced-to-%e2%82%b91000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/crisil-upgrades-acme-solars-long-term-rating-bank-facility-enhanced-to-%e2%82%b91000-crore\/","title":{"rendered":"Crisil upgrades Acme Solar\u2019s long-term rating; bank facility enhanced to \u20b91,000 crore"},"content":{"rendered":"<p>Crisil Ratings has upgraded its credit rating on the long-term bank facilities of Acme Solar Holdings Ltd (ASHL) worth \u20b91,000 crore to \u2018AA-\/Stable\u2019 from \u2018A+\/Positive\u2019. This upgrade is expected to reduce the company&#8217;s cost of debt across its projects.<\/p>\n<p>The upgrade by Crisil is based on several factors, including growth in ACME Solar\u2019s operating portfolio and a solid execution track record. The company has stabilised its assets in a timely manner and refinanced its projects to lower the cost of debt, which has improved its operating cash flows. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crisil Ratings has upgraded its credit rating on the long-term bank facilities of Acme Solar Holdings Ltd (ASHL) worth \u20b91,000 crore to \u2018AA-\/Stable\u2019 from \u2018A+\/Positive\u2019. This upgrade is expected to reduce the company&#8217;s cost of debt across its projects. The upgrade by Crisil is based on several factors, including growth in ACME Solar\u2019s operating portfolio and a solid execution track record. The company has stabilised its assets in a timely manner and refinanced its projects to lower the cost of debt, which has improved its operating cash flows.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-649092","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=649092"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/649092\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=649092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=649092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=649092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}