Acme Solar Holdings Limited has informed the Exchange regarding a press release dated November 11, 2025, titled "ACME Solar awarded 450 MW -1800 MWh SJVN FDRE-IV project".
ACMESOLAR · price
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Acme Solar Holdings has been awarded a 450 MW solar project with 1800 MWh of energy storage capacity under the SJVN FDRE-IV (Firm and Dispatchable Renewable Energy) tender. SJVN is a central government public sector undertaking under the Ministry of Power, making this a government-backed renewable energy contract. The project falls under India's push for round-the-clock renewable power with storage. The size of the project (450 MW) is substantial for Acme's order book. This adds to Acme's pipeline as one of India's leading independent power producers in the solar segment.
Positive for the company — strengthens order book visibility and reinforces Acme's position in the utility-scale solar plus storage segment. May support investor sentiment around execution and revenue visibility, though actual financial impact depends on tariffs and execution timelines not disclosed in the press release.