Acme Solar Holdings Limited has informed the Exchange about Commencement of commercial production/operations
ACMESOLAR · price
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Acme Solar Holdings has commissioned the second phase of 112.5 MW at its 300 MW solar power project in Bikaner, Rajasthan, through its wholly owned subsidiary ACME Sikar Solar Private Limited on May 19, 2025. This follows the commissioning of Phase-I (52.5 MW) earlier on May 09, 2025, taking the subsidiary's total commissioned capacity to 165 MW, with the remaining 135 MW still under commissioning. As a result, the company's total operational renewable energy capacity has risen to 2,705 MW.
This incremental capacity addition is positive for shareholders as it expands the company's revenue-generating renewable energy portfolio. Investors should note that the full 300 MW project is not yet complete, so further commissioning updates in the coming weeks/months could provide additional upside catalysts.