ACME Solar Holdings jumps on commissioning four ISTS-connected SECI projects

Acme Solar Holdings Ltd. | Power Generation/Distribution | Power | BSE: 544283 | NSE: ACMESOLAR

20 Dec 2024 Evaluate

Acme Solar Holdings is currently trading at Rs. 242.35, up by 3.65 points or 1.53% from its previous closing of Rs. 238.70 on the BSE.

The scrip opened at Rs. 240.05 and has touched a high and low of Rs. 247.10 and Rs. 237.50 respectively. So far 49248 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 04-Dec-2024 and a 52 week low of Rs. 228.15 on 14-Nov-2024.

Last one week high and low of the scrip stood at Rs. 268.90 and Rs. 237.50 respectively. The current market cap of the company is Rs. 14643.12 crore.

The promoters holding in the company stood at 100.00%.

ACME Solar Holdings has successfully commissioned four ISTS-connected SECI projects aggregating to 1,023 MW capacity in Jaisalmer, Rajasthan, on December 18, 2024. This achievement marks the commissioning of one of the largest single location projects by any renewable energy company in India this year. The remaining capacity of 177 MW from these plants is already energised and is in process of commissioning.

The project had already started supplying power from October 2024. This project at its full capacity is estimated to generate around 3000 MUs of clean electricity and will obviate GHG emissions of 2.6 million tonnes each year. The project is strategically located in one of the best solar irradiation zones of the country and leverages common infrastructure from all four plants (300 MW each) to evacuate power leading to optimized generation at a higher efficiency. The project is financed by PFC and REC and has a 25-year PPA with Solar Energy Corporation of India (SECI), at a tariff of Rs 2.44 / unit.

ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy projects.

Acme Solar Holdings Share Price

282.65 -15.35 (-5.15%)

08-May-2026 16:59 View Price Chart

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