ACME Solar Holdings Ltd

Multi Commodity Exchange of India Ltd, Petronet LNG Ltd, Tata Teleservices (Maharashtra) Ltd and Safari Industries (India) Ltd are among the other losers in the BSE's 'A' group today, 20 March 2026.ACME Solar Holdings Ltd lost 5.70% to Rs 246.65 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 91238 shares were traded on the counter so far as against the average daily volumes of 85844 shares in the past one month.Multi Commodity Exchange of India Ltd crashed 4.88% to Rs 2405.55. The stock was the second biggest loser in 'A' group.On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 2.57 lakh shares in the past one month.Petronet LNG Ltd tumbled 4.73% to Rs 258.55. The stock was the third biggest loser in 'A' group.On the BSE, 3.99 lakh shares were traded on the counter so far as against the average daily volumes of 1.96 lakh shares in the past one month.Tata Teleservices (Maharashtra) Ltd pared 4.32% to Rs 36.29. The stock was the fourth biggest loser in 'A' group.On the BSE, 3.97 lakh shares were traded on the counter so far as against the average daily volumes of 2.86 lakh shares in the past one month.Safari Industries (India) Ltd shed 4.21% to Rs 1529.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 3114 shares were traded on the counter so far as against the average daily volumes of 16264 shares in the past one month.Powered by Capital Market - Live

The commercial operation date (COD) for Phase II is March 14, 2026. With this, ACME Sun Power has a total commissioned capacity of 66.67 MW / 320.99 MWh out of the planned 300 MW / 1,409.34 MWh. In a separate filing, the company said that through its various subsidiaries, ACME Solar has commissioned 142.67 MW / 481.49 MWh of BESS in Phase I out of a total planned capacity of 585 MW / 2,011.24 MWh under its SPVs. The company's portfolio targets about 17 GWh of BESS installations across multiple phases and states. The Rajasthan BESS units are connected to the operational Inter-State Transmission System (ISTS) and will operate on a short-term merchant basis, generating additional revenue through price differentials between peak and non-peak hours. They will eventually integrate with respective FDRE projects under 25-year PPAs. The systems are designed to enhance grid reliability and optimize power utilization by charging during non-peak periods and discharging during peak demand. This capability helps balance energy supply and demand and strengthens overall grid stability. ACME Solar Holdings is a fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid, and Firm and Dispatchable Renewable Energy (FDRE) projects. The company's consolidated net profit rose 1.5% to Rs 113.71 crore on a 42.3% jump in net sales to Rs 496.62 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live

ACME Solar Holdings through its various subsidiaries has commissioned 142.67 MW / 481.49 MWh of Battery Energy Storage System (BESS) in phase-1 out of its total planned BESS capacity of 585 MW / 2011.24 MWh under these SPVs. Overall, Company's current portfolio requires installation of ~17 GWh of BESS in multiple phases across different states. Located in the state of Rajasthan, these BESS are connected with existing operational Inter-State Transmission System (ISTS) and will run on merchant basis on short term basis, generating additional revenue stream through price differential between peak and non-peak demand hours. Eventually they will be integrated with respective FDRE projects, which will then continue under the PPA for 25 years. These are designed to enhance grid reliability and optimise power utilisation by charging batteries during non-peak demand periods and discharging during peak demand periods. This capability will play a critical role in balancing energy supply and demand while improving the overall grid stability. Powered by Capital Market - Live

The agreements, signed on 2 March 2026, are for a tenor of 25 years. The PPAs were awarded under the Tranche-FDRE-4 tender issued as per Tariff-Based Competitive Bidding (TBCB) guidelines. An e-reverse auction was held on 9 October 2025, and the letter of award (LOA) was received on 10 November 2025. The projects will be connected to ISTS substations and utilize night-time connectivity at high irradiation zones in Rajasthan. ACME Solar will supply four hours of assured peak power during non-solar hours with 90% availability on a monthly and annual basis. With these PPAs, ACME Solar has signed 1,690 MW of agreements in the current financial year, taking its total PPA-signed capacity to 6,270 MW. ACME Solar Holdings is a fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The company's consolidated net profit rose 1.5% to Rs 113.71 crore on 42.3% jump in net sales to Rs 496.62 crore in Q3 FY26 over Q3 FY25. The counter shed 1.46% to Rs 226.50 on the BSE. SJVN is principally engaged in electricity generation. The company is also engaged in the business of providing consultancy. The company reported a 50.6% jump in consolidated net profit to Rs 224.38 crore in Q3 FY26, compared with Rs 149.03 crore in Q3 FY25. The scrip shed 0.28% to Rs 70.29 on the BSE. Powered by Capital Market - Live

 ACME Solar Holdings (ACME Solar) through its subsidiary, ACME Greentech Seventh, has signed two Power Purchase Agreements (PPAs) with SJVN for a total capacity of 450 MW/1,800 MWh. The PPAs has been signed for a tenor of 25 years on 2 March 2026. The projects will be connected to ISTS substations and will utilize night-time connectivity available with ACME Solar at high irradiation zones in Rajasthan. Under the PPAs, ACME Solar will supply 4 hours of assured peak power supply during non solar hours with 90% availability on monthly and annual basis. Following this PPA, ACME Solar has signed 1,690 MW of PPAs in current financial year taking the total PPA signed capacity to 6,270 MW.Powered by Capital Market - Live

ACME Solar Holdings (ASHL), through its wholly owned subsidiary i.e. ACME Sun Power, has commissioned the first phase of 33.335 MW/160.48 MWh out of 300 MW/1400 MWh capacity of Battery Energy Storage System (BESS) Project located at Village: Badi Sid, Tehsil-Bap, Dist: Phalodi and Jodhpur, Rajasthan. The Commercial operation date (COD) for the above-mentioned phase-I shall be 08 March 2026.Powered by Capital Market - Live

ACME Solar Holdings through its subsidiary, ACME Urja One, has signed a 25-year power purchase agreement (PPA) with SECI on 18 February 2026 for its 190 MW wind-solar hybrid project with assured peak power. The project forms part of 380 MW capacity, of which PPA for the first 190 MW has already been signed.  Following this PPA, ACME Solar's total PPA-signed portfolio now stands at 5,820 MW with 1,240 MW of PPAs signed in current financial year. Powered by Capital Market - Live

The project forms part of 380 MW capacity, of which PPA for the first 190 MW has already been signed. The hybrid project will include 190 MW inter-state transmission system (ISTS)-connected wind solar hybrid power project with battery energy storage system (BESS) for assured peak power supply, at a tariff of Rs 4.72 per unit. The PPA requires supplying power with minimum annual Capacity Utilisation Factor (CUF) of 50% and an obligation to meet 80% of peak power requirement on daily basis. This project has already been financed by Power Finance Corporation (PFC) as part of the existing sanctioned project under Phase II. The PPA tenure is 25 years from the date of signing of PPA, with scheduled commercial operation date (SCOD) for 27 February 2028. Following this PPA, ACME Solar's total PPA-signed portfolio has reached 5,820 MW, with 1,240 MW of PPAs signed in current financial year. ACME Solar Holdings is a fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The company's consolidated net profit rose 1.5% to Rs 113.71 crore on 42.3% jump in net sales to Rs 496.62 crore in Q3 FY26 over Q3 FY25. The counter rose 0.65% to Rs 232.40 on the BSE.Powered by Capital Market - Live

ACME Solar Holdings has been awarded Letter of Award (LOA) for 220 MW Solar with Battery Energy Storage System (BESS) project by Rewa Ultra Mega Solar (RUMSL). The project is part of a 440 MW tender floated by RUMSL for the Morena Solar Park in Madhya Pradesh. The tender was floated under tariff-based competitive guidelines (TBCB) for which an e-reverse auction was conducted in September 2025. The project requires suppling power with maximum annual CUF of 35%, along with 4 hours of peak supply (2 hours each in the morning and evening) at 95% annual availability. Charging energy for the evening peak will be sourced from the solar plant, while energy for the morning peak would be supplied free of cost by the procurer during night hours. The land and evacuation infrastructure above 33 kV level would be provided by RUMSL as part of the facilities offered by the solar park developer. Additionally, the project also incorporates the benefit of reduced GST rates already passed through and will be required to adhere only to ALMM List-I (Approved List of Models and Manufacturers - List I). The project would combine Solar and BESS technologies to meet the supply obligations for Power Purchase Agreement (PPA) tenor of 25 years. Going forward, PPA would be signed with Madhya Pradesh Power Management Company (MPPMCL) and RUMSL. Powered by Capital Market - Live

ACME Solar Holdings (ACME Solar) has secured a 301 MW/ 1,204 MWh assured peak supply SECI FDRE-VII project in an e-reverse auction conducted on 05 February 2026. Following this win, ACME Solar's diversified portfolio stands at 8,071 MW contracted capacity spanning solar, wind, storage, hybrid, FDRE and RTC solutions. The formal Letter of Award is expected soon. The bid requires supply of 4 MWh per MW of contracted capacity for any four hours each day only during the non solar hours, while ensuring availability of 70% on monthly and 85% on annual basis. The project would integrate Solar and Battery Energy Storage System (BESS) technology to meet the supply requirements and would utilize the night-time connectivity already available with the company. Powered by Capital Market - Live