ACME Dhaulpur Powertech Private Limited has shown stable operations and strong financial health based on its latest performance updates and credit reviews. The company operates a 200 MW solar power project in Rajasthan and continues to benefit from a long-term power purchase agreement with Solar Energy Corporation of India. The agreement, signed for 25 years at a fixed tariff of Rs 2.48 per unit, provides a steady and predictable source of revenue.
The plant has maintained a high level of operational efficiency, supported by strong solar radiation in the region. Its capacity utilization factor remains healthy, helping the company generate consistent electricity and maintain stable cash flow. This performance is important for meeting financial commitments, including debt servicing.
On the financial side, the company has followed a disciplined approach to managing its debt. According to recent ratings by CRISIL, the outlook remains stable due to strong debt protection indicators. The renewable energy project also benefits from its “must-run” status, which ensures that the electricity it generates is given priority by the grid. In addition, the presence of a debt service reserve account provides extra security against any short-term cash flow issues.
The partnership with SECI adds further strength to the company’s position. As a government-backed organization, SECI has a reliable payment record, reducing the risks usually linked with power buyers. This ensures timely payments and supports the company’s liquidity.
ADPPL is part of the ACME Group, which has strong experience in the renewable energy sector. Overall, the company remains well placed with stable operations, secure revenue, and sound financial management.
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