ACME Solar rises on securing Rs 2,646.64 crore project funding from REC
Acme Solar Holdings is currently trading at Rs. 394.35, up by 2.40 points or 0.61% from its previous closing of Rs. 391.95 on the BSE.
The scrip opened at Rs. 396.85 and has touched a high and low of Rs. 397.10 and Rs. 387.50 respectively. So far 67875 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 398.50 on 14-Jul-2026 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. 398.50 and Rs. 366.25 respectively. The current market cap of the company is Rs. 27804.90 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 has secured Rs 2,646.64 crore long-term project funding for its ACME Greentech Seventh 450MW/1800MWh Assured Peak Power Project from REC. The company will deploy these funds for the development & construction of this project. REC will serve as the sole financer for this project for 20 years. The PPA for this project was signed with SJVN at a tariff of Rs 6.74/unit for a period of 25 years.
The ACME Greentech Seventh Assured Peak Power Project combines multiple renewable energy technologies including Solar and Battery Energy Storage System (BESS) to meet the supply obligations and, ensures higher predictability and dispatchability.
