ACME Solar Share Price in Focus; Signs 300 MW Wind-Solar Hybrid PPA with SECI

Written by: Team Angel OneUpdated on: 21 Jul 2026, 5:33 pm IST
ACME Solar has signed a 25-year PPA with SECI for a 300 MW ISTS-connected wind-solar hybrid project at a tariff of ₹3.25 per unit.
ACME Solar Share Price in Focus
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ACME Renewtech Fifth Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI), as per the exchange filings. 

The agreement covers a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project under Hybrid Tranche IX, with a tariff of ₹3.25 per unit.   

Project to Begin Supply in 2028 

The project has a Scheduled Commencement of Supply Date (SCSD) of 30 June 2028 and will remain operational under the PPA for 25 years from the commencement date. 

The hybrid project will be connected to Inter-State Transmission System (ISTS) substations and will utilise ACME Solar's already secured connectivity in high-irradiation and wind-rich locations.  

Under the agreement, the company will supply power at a minimum annual Capacity Utilisation Factor (CUF) of 30%.   

Expanding Contracted Renewable Portfolio 

Following the execution of the agreement, ACME Solar's PPA-signed portfolio has increased to 6,870 MW out of its total contracted portfolio of 8,070 MW. 

The company also stated that the tariff for the project has already been approved and adopted by the Central and State Regulator, providing pricing certainty for the long-term power supply agreement.  

About ACME Solar 

ACME Solar Holdings Limited is an integrated renewable energy company with a diversified portfolio spanning solar, wind, hybrid, FDRE, storage and Battery Energy Storage Systems (BESS).  

The company has a total contracted portfolio of 8,070 MW, operational contracted capacity of 2,990 MW, around 3.62 GWh of BESS capacity and 5,080 MW of contracted capacity under construction. It also has in-house EPC and Operations & Maintenance capabilities for end-to-end project execution.  

Read More: KPI Green Energy Shares in Focus; Commissions 200 MW (AC) / 269 MW (DC) Solar Power Plant for Coal India! 

ACME Solar Holdings Share Price Performance  

As of 21 July 2026, at 11:28 AM, ACME Solar Holdings Limited share price was trading at ₹372.50 per share, reflecting a decline of 1.34% from the previous trading session. 

Conclusion 

The latest PPA strengthens ACME Solar's contracted renewable energy portfolio while advancing the development of its 300 MW wind-solar hybrid project for SECI. The agreement also supports the company's expanding presence in utility-scale hybrid renewable energy projects across India.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 21, 2026, 12:03 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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