Acme Solar Holdings Limited has informed the Exchange regarding a press release dated October 17, 2025, titled "ACME Solar signs PPA with TataPower-D for 50 MW FDRE project".
ACMESOLAR · price
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Acme Solar Holdings has signed a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution (Tata Power-D) for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. FDRE projects supply round-the-clock renewable power with storage or hybrid configurations, offering stable and predictable output. Tata Power-D is a reputable discounter, which reduces counterparty risk for the project. This addition strengthens Acme Solar's order book and supports its pipeline of utility-scale renewable energy assets. The announcement is based on a press release dated October 17, 2025.
Positive for the company — adds to revenue visibility and order book, and signals continued business momentum in the renewable energy space. May be viewed favorably by investors looking at capacity expansion and credible client wins.