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.
ACME Solar Holdings has approved the grant of 116,788 employee stock options under its 2024 ESOP scheme. Options have a face value of Rs. 2 each.
ACME Solar Holdings Limited incorporated 18 wholly-owned subsidiaries for renewable energy projects. The company invested cash to acquire 100% control of these entities.
ACME Solar incorporated 18 wholly-owned subsidiaries with a total investment of Rs. 18 Lakhs. These entities will focus on developing renewable energy projects.
ACME Solar Holdings appointed Mr. Nikhil Dhingra as Joint Managing Director for five years effective October 03, 2026. He continues serving as the Company's CEO.
CRISIL Ratings revised the outlook on ACME Solar Holdings' long-term bank facilities to 'Positive' from 'Stable' and reaffirmed the 'CRISIL AA-' rating.
ACME Solar Holdings commissioned the BESS component (53.73 MW / 222.969 MWh) of its FDRE Project in Rajasthan. The commercial operation date is October 02, 2026.
ACME Solar commissioned Phase-III of its BESS project, adding 53.63 MW of capacity. The commercial operation date for this project is October 2, 2026.
Acme Solar Holdings Limited has appointed B S R & Co. LLP as its Statutory Auditor for a 5-year term, effective April 1, 2026.
ACME Solar Holdings' shareholders approved the appointment of M/s. BSR & Co. LLP as joint statutory auditors. The company also expanded its corporate object clause.
ACME Solar Holdings Ltd conducted its 11th Annual General Meeting on September 29, 2026, through video conferencing to transact ordinary and special business.
ACME Solar Holdings has approved a Scheme of Amalgamation to merge its wholly-owned subsidiaries into the parent company. This restructuring aims to optimize the legal entity structure.
ACME Solar Holdings Limited incorporated four wholly-owned subsidiaries: ACME Greentech Twenty Five, Twenty Six, Twenty Seven, and Twenty Eight Private Limited. The investment is ₹0.01 Crore.
ACME Solar Holdings Ltd incorporated four wholly owned subsidiaries in the renewable energy sector. The total investment for these incorporations is ₹0.04 Crore.
ACME Solar Holdings commissioned Phase-I of its solar power project in Rajasthan. The 66.68 MW capacity reached commercial operation on September 14, 2026.
ACME Solar Holdings is incorporating a wholly-owned subsidiary, ACME Renewables FZCO, in the UAE with an initial capital investment of AED 10,000.