ACME Solar Holdings Share Price in Focus; Arm Signs 130 MW PPA With REMC

ACME Solar Holdings Limited has entered into a long-term power supply agreement for a 130 MW round-the-clock renewable energy project, as per the exchange filing. The PPA was signed by its wholly owned subsidiary, ACME Marigold Urja, with Northeast Frontier Railway.  

Power supply under the agreement is scheduled to start in February 2029, giving the project a 25-year tenure from the start of supply.  

Power Supply to Start from February 2029 

The scheduled commencement of supply date is February 25, 2029. The PPA will remain valid for 25 years from that date. The agreement was awarded by REMC Limited, while the PPA has been signed with Northeast Frontier Railway.  

Tariff Set at ₹4.35 Per kWh 

The 130 MW project carries a tariff of ₹4.35 per kWh, which will apply for each year of the 25-year PPA period.  

ACME Solar has not given the total investment planned for the project or the revenue expected from the agreement. The filing also does not say which combination of renewable sources or storage will be used to provide the round-the-clock supply. 

About ACME Solar 

ACME Solar Holdings is a renewable energy company involved in the development, construction and operation of renewable power projects.  

Its portfolio includes utility-scale renewable energy assets and projects designed to supply power through long-term arrangements. 

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ACME Solar Share Price Performance  

As of 26 August 2026, at 12:57 PM, ACME Solar Holdings Limited share price is trading at ₹396.90 per share, reflecting a decline of 0.60% from the previous trading session. 

Conclusion 

ACME Solar's subsidiary has signed a 130 MW, 25-year PPA with Northeast Frontier Railway, with electricity supply scheduled to begin on February 25, 2029 at ₹4.35 per kWh.  

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