Acme Solar Holdings Limited (ACMESOLAR) — Announcement | 16 July 2026

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📢 Key Event
ACME Solar secures INR 2,646.64 crore project funding from REC Ltd

💡 Investor Takeaway
This funding validates ACME Solar's project execution capability and expands its renewable energy capacity with long-term financing.

ACME Solar announced it has secured INR 2,646.64 crore long-term funding from REC Ltd for a 450MW/1800MWh FDRE project, with REC as sole financier for 20 years and a 25-year PPA at INR 6.74/unit with SJVN Limited. The project integrates solar and battery storage to enhance dispatchability and grid stability.

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About Acme Solar Holdings Limited (ACMESOLAR)

Power · Power · Listed on NSE

Market Cap: ₹16,724.82 Cr P/E: 33.5 ROE: 9.9% ROCE: 7.5%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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