Acme Solar Holdings Limited has informed the Exchange about Bagging/Receiving of orders/contracts
ACMESOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ACME Solar Holdings' wholly owned subsidiary, ACME Greentech Seventh Private Limited, has signed two Power Purchase Agreements (PPAs) with SJVN Limited, a government-owned power company, for 300 MW and 150 MW capacities, totalling 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) project. The tariff is fixed at Rs. 6.74 per unit, with supply expected to commence by March 1, 2028, and a project tenure of 25 years. This is a domestic order, and the company has clarified there is no promoter interest or related party involvement. This continues a prior intimation from November 11, 2025.
Positive for shareholders: a long-term 25-year PPA with a government-backed counterparty (SJVN) provides strong revenue visibility and reduces offtake risk, though earnings impact will only flow from 2028 onwards.