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ACME Solar: Stock jumps 6% after inking 25-year PPAs for 450 MW peak power project, here's order details

News by Aliceblue News Desk

12 Mar 2026

ACME Solar: Stock jumps 6% after inking 25-year PPAs for 450 MW peak power project, here's order details

Introduction

Leading solar energy company signed two 25-year PPAs with SJVN for 450 MW/1,800 MWh ISTS-connected assured peak power projects, increasing total PPA capacity to 6,270 MW.

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Share price movement of ACME Solar

On March 12, 2026, ACME Solar Holdings Ltd opened at ₹228.75, down 0.48% from its previous close of ₹229.85. The stock reached a high of ₹243.40 (5.81%) and a low of ₹223.60. By 1:25 PM, it traded at ₹240.40, a 4.59% increase, with a market cap of ₹14,567.56 crore.

ACME Solar Signs 450 MW PPAs

ACME Solar Holdings Limited, through its subsidiary ACME Greentech Seventh Private Limited, signed two Power Purchase Agreements with SJVN for a total capacity of 450 MW/1,800 MWh.

The PPAs were signed on March 2, 2026, for a tenor of 25 years under Tariff-Based Competitive Bidding guidelines. The projects will connect to ISTS substations in Rajasthan.

Under the agreements, ACME Solar will supply four hours of assured peak power during nonsolar hours with 90% monthly and annual availability. Total PPA signed capacity now reaches 6,270 MW.

Stock performance of ACME Solar for period of 1 week, 6 months, and 1 year

ACME Solar Holdings Ltd has delivered a 1-week return of -0.43%, a 6-month return of -27.8%, and a 1-year return of 16.6%.

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Shareholding pattern of ACME Solar

ParticularsDec 2025Sep 2025Jun 2025
Promoter83%83.40%83%
FII4.00%5.60%5.80%
DII7%6.40%7%
Public5.70%4.60%4.20%

About ACME Solar

ACME Solar Holdings Ltd (NSE: ACMESOLAR) is a renewable energy company with 8,071 MW portfolio, providing solar, wind, storage, FDRE, and hybrid solutions with EPC and O&M services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is ACME Solar Holdings Ltd share price rising today?

A: ACME Solar Holdings Ltd signed two 25-year PPAs with SJVN for 450 MW/1,800 MWh assured peak power projects, raising total PPA capacity to 6,270 MW.

Q: What is ACME Solar Holdings Ltd’s main business focus?

A: ACME Solar Holdings Ltd operates in renewable energy, providing solar, wind, storage, FDRE, and hybrid solutions with EPC and O&M services.

Q: What are the 52-week high and low of ACME Solar Holdings Ltd stock?

A: ACME Solar Holdings Ltd stock recorded a 52-week high of ₹324.25 and a 52-week low of ₹172.90.

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