ACME Solar Share Price Dips; Nears Completion of 50 MW Wind Project in Gujarat

ACME Solar Holdings Limited has achieved a significant milestone in its renewable energy journey by commissioning an additional 19.8 MW at its maiden wind project in Shapar, Gujarat.

This follows the initial commissioning of 26.4 MW in May 2025, bringing the total operational capacity of the project to 46.2 MW out of the planned 50 MW. Full commissioning is expected in the coming days.

Located in a High Wind Potential Region

Strategically positioned in one of India’s richest wind corridors, the project is being executed under the special purpose vehicle (SPV) — ACME Pokhran. The initiative is financially supported by Power Finance Corporation (PFC), underscoring strong institutional backing.

Long-Term Power Purchase Agreement in Place

The power generated from the Shapar wind project is sold through a 25-year Power Purchase Agreement (PPA) signed with Gujarat Urja Vikas Nigam Limited (GUVNL), ensuring revenue visibility and long-term financial stability.

In-House EPC Execution Enhances Margins

ACME Solar is executing the project through its in-house Engineering, Procurement, and Construction (EPC) capabilities. This not only helps in maintaining cost efficiency but also enables timely execution, enhancing project margins.

Robust Evacuation Infrastructure

The clean energy produced is pooled at a 33/220 kV pooling station and evacuated via a dedicated 220 kV transmission line to the Shapar sub-station. This sub-station will also be shared with another upcoming ACME wind project currently in advanced stages of construction.

ACME Solar Holdings Share Price Performance

On June 13, 2025, ACME Solar share price opened at ₹239.00, down from its previous close of ₹243.95. At 9:49 AM, the share price of ACME Solar was trading at ₹239.55, down by 1.80% on the NSE.

Also Read: Acme Solar Share Price Shines Bright After Declaring Q4 FY25 Earnings Results!

Conclusion

With 46.2 MW already operational and full commissioning around the corner, ACME Solar is expanding its footprint in India’s wind energy sector. This project not only strengthens its renewable portfolio but also supports India’s green energy transition.

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