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Acme Cleantech Solutions
3.8
based on 655 Reviews
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Company Overview
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Working at Acme Cleantech Solutions
Company Summary
0
Overall Rating
3.8/5
based on 655 reviews
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3% below
industry average
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Highly rated for
Salary
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Critically rated for
Job security, Promotions
Work Policy
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Work from office
74% employees reported
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Monday to Saturday
49% employees reported
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Flexible timing
56% employees reported
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No travel
33% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
48 employees reported
Health insurance
39 employees reported
Free meal
35 employees reported
Job/Soft skill training
31 employees reported
View all benefits
About Acme Cleantech Solutions
Founded in2003 (22 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
--
Websiteacme.in
Primary Industry
Other Industries
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View in video summary
The ACME Group is one of the India’s fastest growing companies in solar energy sector. ACME provides innovative green energy and energy management solutions for Telecom Passive Infrastructure and is one of the largest Solar Power developer with cumulative capacity of more than 5500+ MWp Solar Photovoltaic Power Projects across the country.
ACME Group is a result of the vision and commitment of its founder, Mr. Manoj Kumar Upadhyay. He envisioned to realize this goal by providing new and disruptive technology solutions through intensive research and innovative approach instead of making incremental changes to the existing technologies. It is the result of his leadership that the company has become a leader in India’s solar energy sector.
Mission: Providing Sustainable Green Energy at Affordable Rate
Vision: Building next generation utility
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Acme Cleantech Solutions Ratings
based on 655 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
285
4
162
3
97
2
37
1
74
Category Ratings
3.9
Salary
3.6
Work-life balance
3.6
Skill development
3.5
Work satisfaction
3.4
Company culture
3.3
Promotions
3.2
Job security
Acme Cleantech Solutions is rated 3.8 out of 5 stars on AmbitionBox, based on 655 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Acme Cleantech Solutions
based on 623 reviews
3.5
Rated by 22 Women
Rated 3.8 for Work-life balance and 3.7 for Salary
3.8
Rated by 601 Men
Rated 3.9 for Salary and 3.6 for Work-life balance
Work Policy at Acme Cleantech Solutions
based on 84 reviews in last 6 months
Work from office
74%
Hybrid
17%
Permanent work from home
9%
Acme Cleantech Solutions Reviews
Top mentions in Acme Cleantech Solutions Reviews
+ 5 more
Compare Acme Cleantech Solutions with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.8/5 based on 655 reviews | 4.1/5 based on 3.3k reviews | 3.9/5 based on 523 reviews | 4.1/5 based on 2.3k reviews |
Highly Rated for | Salary | Job security Company culture Skill development | Salary Job security | Skill development Job security Company culture |
Critically Rated for | Job security Promotions | No critically rated category | No critically rated category | Promotions |
Primary Work Policy | Work from office 74% employees reported | Work from office 69% employees reported | Work from office 71% employees reported | Work from office 76% employees reported |
Rating by Women Employees | 3.5 Good rated by 22 women | 3.9 Good rated by 143 women | 2.8 Poor rated by 25 women | 4.1 Good rated by 75 women |
Rating by Men Employees | 3.8 Good rated by 601 men | 4.2 Good rated by 3k men | 3.9 Good rated by 483 men | 4.1 Good rated by 2.1k men |
Job security | 3.2 Average | 4.3 Good | 3.8 Good | 4.0 Good |
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Acme Cleantech Solutions Salaries
Acme Cleantech Solutions salaries have received with an average score of 3.9 out of 5 by 655 employees.
Electrical Engineer
(125 salaries)
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₹2.3 L/yr - ₹7 L/yr
Senior Engineer
(89 salaries)
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₹3.6 L/yr - ₹10 L/yr
Deputy Manager
(72 salaries)
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₹7.7 L/yr - ₹18.7 L/yr
Civil Engineer
(36 salaries)
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₹2.4 L/yr - ₹7.8 L/yr
Senior Electrical Engineer
(33 salaries)
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₹3.8 L/yr - ₹9.2 L/yr
Senior Technician
(25 salaries)
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₹2.2 L/yr - ₹3.9 L/yr
Assistant General Manager
(23 salaries)
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₹20 L/yr - ₹45 L/yr
Civil Site Engineer
(20 salaries)
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₹2.2 L/yr - ₹6.3 L/yr
Executive Accountant
(19 salaries)
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₹2.1 L/yr - ₹6.2 L/yr
Junior Engineer
(19 salaries)
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₹2.1 L/yr - ₹5.4 L/yr
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Acme Cleantech Solutions News
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Acme Solar Plans Rs 17,000-Crore Capex Investment In FY26
- Acme Solar plans to invest Rs 17,000 crore on capital expenditure in FY26 with a focus on hybrid and round-the-clock renewable capacities.
- The company aims to triple its current renewable capacity to reach 7 GW by 2028.
- Acme Solar plans to roll out its capacity expansion in two phases starting in April 2025.
- The company is also considering entry into the nuclear energy segment.
Bloomberg Quint | 2 Mar, 2025

ACME Solar Holdings to add 5GW capacity by FY26
- ACME Solar Holdings plans to add 5GW capacity by FY26, with a further expansion to 7GW by FY27.
- Currently, ACME Solar has 2.5GW of operational capacity, with an additional 4.18GW under construction.
- ACME Solar's total operational capacity increased to 2.54GW in Q2 FY25, with a capacity utilization rate of 24.6%.
- The company's existing capacity is solely solar power, but its under construction projects also include wind, FDRE, and hybrid energy sources.
HinduBusinessLine | 28 Feb, 2025

India Braces For $4 Billion Of Expiring IPO Lockups
- Sale restrictions on about $4 billion of newly listed Indian shares are set to expire on Monday, adding pressure to a stock market that has already erased $1 trillion in value since mid-December.
- The lockup expiries could test the pipeline of Indian IPOs — the securities regulator says it’s processing more than 60 applications — which has defied the broader pessimism engulfing the nation’s shares amid concerns about the slowing economy and earnings growth.
- The total market capitalization of Indian stocks has fallen 20% from their recent peak in December to $4.1 trillion.
- Other companies with lockups expiring are Swiggy Ltd., Niva Bupa Health Insurance Co. and Acme Solar Holdings Ltd., according to Nuvama Alternative.
Bloomberg Quint | 10 Feb, 2025

Broker’s call: ACME Solar (Buy)
- ACME Solar Holdings (ACME) has a diversified portfolio of about 7GW of renewable capacity in solar, wind, hybrid, and firm & dispatchable renewable energy projects.
- Around 86% of ACME's portfolio is contracted with central off-takers, reducing counterparty risk.
- Initiating coverage on ACME with a BUY rating and a target price of ₹330.
- ACME's valuation discount compared to NTPC Green is expected to narrow in the future, and ACME saves significant costs by undertaking in-house EPC/O&M for projects.
HinduBusinessLine | 5 Feb, 2025

Acme Solar Plans Rs 40,000 Crore Capex In Next 3.5 Years To Reach 7GW Capacity
- Acme Solar Holdings plans to make capital expenditure (capex) exceeding Rs 40,000 crore over the next three and a half years to expand its capacity to 7 gigawatts by FY28.
- The company aims to add 4.5 gigawatts of capacity by Dec. 2027, bringing the total capacity to 7 gigawatts.
- Around 75% of the proposed capex will be funded by debt, and the rest by equity.
- Over the next two to three quarters, Acme Solar will add capacities worth 450 megawatts.
Bloomberg Quint | 30 Jan, 2025

Acme Solar Share Price Surges 20% In Two Days, Locked In Upper Circuit
- ACME Solar's net profit soared to Rs 112 crore in the third quarter, up from Rs 44.4 crore in the same period last year.
- Shares of ACME Solar surged 10% on Thursday, marking a two-day gain of 20%, after reporting a massive increase in net profit for the December quarter.
- The company's revenue increased by 5.2%, operating profit rose by 10.8%, and the Ebitda margin improved significantly.
- ACME Solar's share price reached Rs 210 apiece and maintained the same level, with a one-year decrease of 16.91% and a buy rating from analysts.
Bloomberg Quint | 30 Jan, 2025

Q3 Results Live: Acme Solar Profit More Than Doubles; Tata Motors, Maruti Suzuki, Bajaj Finance To Be In Focus
- Tata Motors, Maruti Suzuki, and Bajaj Finance shares were trading in green ahead of their third quarter results today.
- Tata Motors is expected to clock a profit of Rs 64,350 crore and revenue of Rs 1.16 lakh crore for the quarter ended December.
- Bajaj Finance is expected to report a net profit worth Rs 4,130.4 crore and revenue of Rs 11,567.7 crore for the third quarter.
- Acme Solar Holdings reported a net profit of Rs 112 crore, with revenue of Rs 349 crore and Ebitda of Rs 307 crore for Q3.
Bloomberg Quint | 29 Jan, 2025

ACME Solar Shares Locked In Upper Circuit After Q3 Profit More Than Doubles
- ACME Solar Shares Locked In Upper Circuit After Q3 Profit More Than Doubles
- Share price of ACME Solar rose as much as 10% to Rs 191.23 apiece
- Net profit for the reporting quarter was at Rs 112 crore against Rs 44.4 crore last year
- Net debt to net worth stood at 1.6 times as of Q3 FY25
Bloomberg Quint | 29 Jan, 2025

The Hydrogen Stream: Algeria, EU nations plan Southern Hydrogen Corridor
- Algeria, Austria, Germany, Italy, and Tunisia have agreed to develop the Southern Hydrogen Corridor, a project to transport hydrogen from North Africa to Europe.
- Sungrow Hydrogen will supply water electrolysis systems for ACME's 320 MW green ammonia project in Oman.
- Höegh Evi and SEFE Securing Energy for Europe will assess the feasibility of supplying clean hydrogen to Germany via ammonia-based corridors.
- ArcelorMittal Poland has commissioned hydrogen furnaces at its Krakow plant to reduce ammonia use and lower energy consumption.
Pv-Magazine | 22 Jan, 2025

Differing views on pumped hydro storage
- Brookfield-backed Avaada has ambitious plans to add 5 GW of pumped hydro storage (PSP) capacity annually between 2026 and 2031.
- ACME, on the other hand, believes that batteries are becoming better and cheaper, making PSPs less appealing.
- ACME would consider PSPs only with a firm, long-term offtake agreement, while Avaada sees a big demand for peak power on the exchange.
- The huge gap between plans and implementation of pumped hydro storage projects in India can be attributed to differing perceptions of peak power demand and financial commitments amidst shifting dynamics.
HinduBusinessLine | 19 Jan, 2025

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Acme Cleantech Solutions FAQs
When was Acme Cleantech Solutions founded?
Acme Cleantech Solutions was founded in 2003. The company has been operating for 22 years primarily in the Industrial Machinery sector.
Where is the Acme Cleantech Solutions headquarters located?
Acme Cleantech Solutions is headquartered in Gurgaon/Gurugram, Haryana.
How many employees does Acme Cleantech Solutions have in India?
Acme Cleantech Solutions currently has more than 1,500+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Acme Cleantech Solutions based on the number of reviews submitted on AmbitionBox.
Does Acme Cleantech Solutions have good work-life balance?
Acme Cleantech Solutions has a Work-Life Balance Rating of 3.6 out of 5 based on 600+ employee reviews on AmbitionBox. 68% employees rated Acme Cleantech Solutions 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Acme Cleantech Solutions work-life balance reviews for more details
Is Acme Cleantech Solutions good for career growth?
Career growth at Acme Cleantech Solutions is rated as moderate, with a promotions and appraisal rating of 3.3. 32% employees rated Acme Cleantech Solutions 3 or below, while 68% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Acme Cleantech Solutions promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Acme Cleantech Solutions?
Working at Acme Cleantech Solutions comes with several advantages and disadvantages. It is highly rated for salary & benefits. However, it is poorly rated for job security and promotions / appraisal, based on 600+ employee reviews on AmbitionBox.
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