ACME Solar Share Price in Focus; Signs 400 MW Power Agreement With NTPC

ACME Solar Holdings has signed a power purchase agreement with NTPC for a 400 MW renewable energy project. The agreement was executed through ACME Marigold Urja, a wholly owned subsidiary of ACME Solar. 

The project falls under NTPC’s Firm and Dispatchable Renewable Energy (FDRE) Tranche 01. The company disclosed the agreement in a stock exchange filing dated October 28, 2026. 

Supply to Begin in June 2028 

The filing sets June 30, 2028, as the scheduled commencement of supply. The agreement will run for 25 years from that date. 

The contracted capacity is 400 MW, with a tariff of ₹4.37 per unit. The filing identifies NTPC as the entity awarding the contract and classifies the agreement as domestic. 

What the Deal Means for ACME Solar 

The agreement adds a long-term power supply contract to ACME Solar’s renewable energy business. FDRE projects are designed to provide renewable power in a firm and dispatchable manner, rather than relying only on when the sun shines or the wind blows. 

The company’s disclosure states that the promoter group has no interest in NTPC and that the contract does not fall under related-party transactions. 

Read More: Eris Lifesciences Share Price in Focus; Q2 FY27 Net Profit Rises 39.2%! 

ACME Solar Holdings Share Price Performance 

As of October 26, 2026, at 11:34 AM, ACME Solar share price was trading at ₹418.35 per share, reflecting a 1.75% surge from the previous closing price. 

Conclusion 

The NTPC agreement covers 400 MW of renewable power at ₹4.37 per unit, with supply scheduled to begin in June 2028. The contract tenure of 25 years gives the project a long-term supply framework. 

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