ACME Solar bags 220 MW solar plus BESS order from RUMSL in MP

Govt Defence OrderBusiness Updates View source PDF Explain this filing

ACMESOLAR · price

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Price reactionminutes from the announcement price · days from the prior close

+3.7%Reaction day

₹228.00

prior close

₹232.65

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.5%+3.2% vs market

Power Generation peers, median of 27sector+0.3%+3.4% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Smallcap 250 and 3.4 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+3.7+0.5+3.2+0.3+3.4

Next day

+0.3+0.6-0.3+0.7-0.4

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+29.4+6.1+23.3+8.6+20.8

UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Acme Solar Holdings has received a Letter of Award from Rewa Ultra Mega Solar Limited (RUMSL), a government entity, to set up a 220 MW solar project with 4-hour battery energy storage system at Morena Solar Park in Madhya Pradesh. The winning tariff is Rs 2.764 per unit. Commercial operation is targeted by December 31, 2027, with a 25 year power purchase agreement. PPA will be signed with Madhya Pradesh Power Management Company. The order was won through tariff-based competitive bidding and is part of a larger 440 MW tender floated by RUMSL.

Likely market impact

Strengthens order book; adds 220 MW to pipeline with 25 year revenue visibility. Marginally positive for stock sentiment.