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.
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.