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An announcement from ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) is now available.
ACME Solar Holdings Limited has announced that its wholly owned subsidiary, ACME Urja One Private Limited, has signed a long-term Power Purchase Agreement with NHPC Limited to develop a 250 MW firm and dispatchable renewable energy (FDRE) project in India. The project, contracted at a tariff of Rs 4.33 per unit, has a scheduled commercial operation date of 30 June 2027 and a 25-year tenure, underscoring ACME Solar’s expanding pipeline of utility-scale renewable assets and reinforcing its positioning as a key player in supplying reliable renewable power to major public-sector buyers.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is an India-based renewable energy company focused on developing and operating solar power projects. Through its subsidiaries, it builds utility-scale solar and flexible renewable energy (FDRE) projects, supplying power under long-term contracts to large domestic offtakers in the Indian power market.
Average Trading Volume: 69,977
Technical Sentiment Signal: Strong Sell
Current Market Cap: 125.3B INR
For an in-depth examination of ACMESOLAR stock, go to TipRanks’ Overview page.