ACME Solar signs 300 MW Wind-Solar Hybrid PPA with SECI
ACMESOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Smallcap 250 and 1.4 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ACME Solar's wholly owned subsidiary ACME Renewtech Fifth has signed a 25-year Power Purchase Agreement with government entity SECI for a 300 MW ISTS-connected Wind-Solar Hybrid project under Hybrid Tranche IX. Tariff is Rs 3.25 per unit, with scheduled supply start on June 30, 2028 and minimum 30 percent annual CUF. This lifts the company's PPA-signed portfolio to 6,870 MW out of 8,070 MW total contracted capacity.
Strengthens long-term revenue visibility with a 25-year government-backed PPA, expanding PPA-signed portfolio to 6,870 MW.