ACME Solar Holdings rises on inking 25-year power purchase pact with SECI
Acme Solar Holdings is currently trading at Rs. 304.05, up by 3.05 points or 1.01% from its previous closing of Rs. 301.00 on the BSE.
The scrip opened at Rs. 300.20 and has touched a high and low of Rs. 309.20 and Rs. 299.90 respectively. So far 162062 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 324.25 on 15-Sep-2025 and a 52 week low of Rs. 195.65 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 316.90 and Rs. 268.00 respectively. The current market cap of the company is Rs. 18476.08 crore.
The promoters holding in the company stood at 83.29%, while Institutions and Non-Institutions held 10.66% and 6.06% respectively.
ACME Solar Holdings, 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 the company’s existing night-time connectivity available at high irradiation zones. Under the PPA, the company 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 the company 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.
