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ACME Solar Holdings Ltd
Engineering - Turnkey Services
BSE Code: 544283 NSE Symbol: ACMESOLAR P/E : 65.85
ISIN Demat: INE622W01025 Div & Yield %: 0.06 EPS : 5.41
Book Value: 81.72 Market Cap (Rs. Cr.): 21,587.75 Face Value : 2
ACME Solar Holdings signs power purchase agreement with SECI Back
(26 May 2026)

ACME Solar Holdings (ACME Solar) through its subsidiary ACME Renewtech Sixth, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI), a AAA-rated Central Government enterprise, for 300 MW / 1,200 MWh ISTS-connected assured peak power capacity.

This FDRE project will be connected to ISTS substations and will utilize ACME Solar's existing night-time connectivity available at high irradiation zones. Under the PPA, , ACME Solar will supply 4 hours of assured peak power only during non-solar hours with minimum annual availability requirement of 85%.

The project was awarded to ACME Solar under SECI's FDRE Tranche-VII tender, pursuant to the Letter of Award (LOA) dated February 10, 2026. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines, with the e-reverse auction conducted on February 02, 2026.

With this, out of the total contracted portfolio of 8,070 MW, PPA-signed portfolio stands at 6,570 MW.