ACME Solar Holdings Business Update
ACME Solar commissioned 88.02 MW of BESS in Rajasthan on October 30, 2026. COD is November 1, 2026, taking cumulative capacity to 159.66 MW.
- BESS discharge capacity commissioned
- 88.02 MW
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ACME Solar commissioned 88.02 MW of BESS in Rajasthan on October 30, 2026. COD is November 1, 2026, taking cumulative capacity to 159.66 MW.
Acme Solar's subsidiary signed a PPA with NTPC for a 400 MW FDRE project worth Rs.5,000 Crore. Supply starts 30 June 2028 for 25 years.
Management is pivotting to high-margin battery storage (BESS) and peak power to mask grid connectivity delays impacting solar commissioning.
ACME Solar's subsidiary signed a PPA with NTPC for a 400 MW FDRE project. Supply is scheduled to start by June 2028, with a 25-year tenure.
ACME Solar filed the CARE Ratings monitoring agency report on its Rs.2,800 crore QIP for the quarter ended 30 September 2026. The report shows no deviation from the offer objects.
Q2 FY27 revenue ₹1,007 Cr (+67.5% YoY), EBITDA ₹874 Cr, PAT ₹269 Cr (+133.5%). BESS commissioning and RE capacity drove growth; FY27 BESS target raised.
ACME Solar reported Q2 FY27 consolidated EBITDA of INR 874 Cr and PAT of INR 269 Cr. Both rose sharply year-on-year on BESS and RE capacity additions.
ACME Solar Holdings Ltd reported revenue from operations of ₹887 Cr (+89.7% YoY) and net profit of ₹268.7 Cr (+133.4% YoY) for Q2 FY27.
ACME Solar's subsidiary commissioned 35.77 MW/143.08 MWh of BESS capacity, bringing cumulative commissioned capacity to 195.35 MW/781.40 MWh. Commercial operation is scheduled for October 29, 2026.
ACME Solar Holdings scheduled a board meeting for October 28, 2026, to approve unaudited financial results for the quarter and half-year ended September 30, 2026.
ACME Solar Holdings Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulatory requirements.
ACME Solar Holdings' subsidiary signed a 300 MW PPA with SECI for an assured Peak Power project. The project includes a 25-year supply tenure.
ACME Solar's subsidiary signed a Power Purchase Agreement with SECI Limited for a 300 MW Peak Power project under FDRE Tranche IX.
ACME Solar Holdings incorporated a wholly-owned subsidiary, ACME Renewables FZCO, in the UAE for procurement and supply chain management. The investment is AED 10,000.
ACME Solar Holdings Ltd incorporated two new wholly owned subsidiaries, Amshuman Renewables and Urjita Powertech, for a total initial investment of Rs. 0.02 Crore.