ACME Solar Holdings shines on signing PPA with NHPC for 250 MW FDRE Project
Acme Solar Holdings is currently trading at Rs. 224.45, up by 9.90 points or 4.61% from its previous closing of Rs. 214.55 on the BSE.
The scrip opened at Rs. 214.05 and has touched a high and low of Rs. 225.75 and Rs. 212.35 respectively. So far 52860 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. 171.90 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs. 225.75 and Rs. 195.65 respectively. The current market cap of the company is Rs. 13604.07 crore.
The promoters holding in the company stood at 83.29%, while Institutions and Non-Institutions held 10.91% and 5.80% respectively.
ACME Solar Holdings, through its subsidiary - ACME Urja One, has signed a 25-year power purchase agreement (PPA) with NHPC, a AAA-rated Central Government enterprise, on January 29, 2026 for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) Tranche VI Project. The project will be connected to ISTS substations, for which connectivity approvals are already in place. The current PPA has been signed with a minimum annual Capacity Utilisation Factor (CUF) of 40% and an obligation to meet 90% of peak power requirement for 4 hours daily on monthly basis.
The company will establish this FDRE project at a capex investment of around Rs 3,700 crore. It is fast-tracking the project’s construction and has already acquired nearly 40% of the land requirement. The expected CUF of this project is more than 60%. Following this PPA, the company’s total PPA-signed portfolio now stands at 5,630 MW, complemented by a firm pipeline of 2140 MW, where LOAs have been awarded or are currently awaited.
ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy projects.
