ACME Solar Holdings surges after its arm executes power purchase agreement with NTPC
Mumbai, October 29 (Udaipur Kiran): Acme Solar Holdings is currently trading at Rs. 425.10, up by 14.25 points or 3.47% from its previous closing of Rs. 410.85 on the BSE.
The scrip opened at Rs. 416.65 and has touched a high and low of Rs. 431.90 and Rs. 411.55 respectively. So far 46995 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 476.40 on 22-Sep-2026 and a 52 week low of Rs. 195.65 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 431.90 and Rs. 366.65 respectively. The current market cap of the company is Rs. 29331.75 crore.
The promoters holding in the company stood at 71.40%, while Institutions and Non-Institutions held 23.90% and 4.70% respectively.
ACME Solar Holdings’ wholly owned subsidiary — ACME Marigold Urja has executed a power purchase agreement (PPA) with NTPC for a Firm and dispatchable Renewable Energy (FDRE) power project for a contract capacity of 400 MW under NTPC’s FDRE Tranche 01. The contracted capacity is 400 MW and the tariff rate is Rs 4.37 per unit. The scheduled commencement of supply date (SCSD) is June 30, 2028 and project tenure is 25 years from the date of SCSD.
ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.