ACME Solar Holdings Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

ACME Solar Holdings through its subsidiary, ACME Urja One, has signed a 25-year power purchase agreement (PPA) with SECI on 18 February 2026 for its 190 MW wind-solar hybrid project with assured peak power. The project forms part of 380 MW capacity, of which PPA for the first 190 MW has already been signed.

 Following this PPA, ACME Solar's total PPA-signed portfolio now stands at 5,820 MW with 1,240 MW of PPAs signed in current financial year.

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The project forms part of 380 MW capacity, of which PPA for the first 190 MW has already been signed. The hybrid project will include 190 MW inter-state transmission system (ISTS)-connected wind solar hybrid power project with battery energy storage system (BESS) for assured peak power supply, at a tariff of Rs 4.72 per unit.

The PPA requires supplying power with minimum annual Capacity Utilisation Factor (CUF) of 50% and an obligation to meet 80% of peak power requirement on daily basis.

This project has already been financed by Power Finance Corporation (PFC) as part of the existing sanctioned project under Phase II.

The PPA tenure is 25 years from the date of signing of PPA, with scheduled commercial operation date (SCOD) for 27 February 2028.

Following this PPA, ACME Solar?s total PPA-signed portfolio has reached 5,820 MW, with 1,240 MW of PPAs signed in current financial year.

ACME Solar Holdings is a fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects.

The company?s consolidated net profit rose 1.5% to Rs 113.71 crore on 42.3% jump in net sales to Rs 496.62 crore in Q3 FY26 over Q3 FY25.

The counter rose 0.65% to Rs 232.40 on the BSE.

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ACME Solar Holdings has been awarded Letter of Award (LOA) for 220 MW Solar with Battery Energy Storage System (BESS) project by Rewa Ultra Mega Solar (RUMSL). The project is part of a 440 MW tender floated by RUMSL for the Morena Solar Park in Madhya Pradesh. The tender was floated under tariff-based competitive guidelines (TBCB) for which an e-reverse auction was conducted in September 2025.

The project requires suppling power with maximum annual CUF of 35%, along with 4 hours of peak supply (2 hours each in the morning and evening) at 95% annual availability. Charging energy for the evening peak will be sourced from the solar plant, while energy for the morning peak would be supplied free of cost by the procurer during night hours. The land and evacuation infrastructure above 33 kV level would be provided by RUMSL as part of the facilities offered by the solar park developer. Additionally, the project also incorporates the benefit of reduced GST rates already passed through and will be required to adhere only to ALMM List-I (Approved List of Models and Manufacturers - List I).

The project would combine Solar and BESS technologies to meet the supply obligations for Power Purchase Agreement (PPA) tenor of 25 years. Going forward, PPA would be signed with Madhya Pradesh Power Management Company (MPPMCL) and RUMSL.

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ACME Solar Holdings (ACME Solar) has secured a 301 MW/ 1,204 MWh assured peak supply SECI FDRE-VII project in an e-reverse auction conducted on 05 February 2026. Following this win, ACME Solar's diversified portfolio stands at 8,071 MW contracted capacity spanning solar, wind, storage, hybrid, FDRE and RTC solutions. The formal Letter of Award is expected soon.

The bid requires supply of 4 MWh per MW of contracted capacity for any four hours each day only during the non solar hours, while ensuring availability of 70% on monthly and 85% on annual basis. The project would integrate Solar and Battery Energy Storage System (BESS) technology to meet the supply requirements and would utilize the night-time connectivity already available with the company.

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