Acme Solar Holdings Limited has informed the Exchange regarding a press release dated May 20, 2025, titled "ACME Solar commissions additional 112.5 MW at ACME Sikar Solar Power Project in Rajasthan".
ACMESOLAR · price
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ACME Solar has commissioned the second phase of its ACME Sikar Solar Power Project in Bikaner, Rajasthan, adding 112.5 MW of new solar capacity on May 19, 2025. This follows the initial 52.5 MW commissioned in early May, bringing the project's total operational capacity to 165 MW out of a planned 300 MW, with the remaining capacity under commissioning. The company's total operational capacity has increased from 2,592.5 MW to 2,705 MW. Once fully commissioned, the project is expected to generate approximately 780 million units of clean energy annually, with power being sold on power exchanges on a merchant basis.
Positive for shareholders — the phased commissioning boosts ACME Solar's revenue-generating capacity and supports growth in its clean energy portfolio. Merchant-based power sales expose the project to market price volatility, but the expansion signals strong execution capability.