ACME Solar Secures 200 MW Solar Project Contract with SECI
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An update from ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) is now available.
ACME Solar Holdings Limited announced that its subsidiary, ACME Platinum Urja Private Limited, has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 200 MW solar project with energy storage solutions. This agreement marks a significant step in expanding ACME Solar’s renewable energy portfolio, aiming to supply renewable energy during solar and peak hours, with the project scheduled to commence operations by June 2027 and a tenure of 25 years. This development is expected to strengthen ACME Solar’s position in the renewable energy market and contribute to the growing demand for sustainable energy solutions.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is a company operating in the renewable energy industry, primarily focusing on solar energy solutions. The company is involved in the development and management of solar power projects and is known for its innovation in the solar energy sector.
Average Trading Volume: 114,982
Technical Sentiment Signal: Strong Sell
Current Market Cap: 144.2B INR
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