NSEUpdates1d ago · 30 Oct 2026, 08:45 am

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Acme Solar Holdings Limited · ACMESOLAR

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ACME Solar Holdings Limited has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 400 MW Inter-State Transmission System (ISTS)-connected Firm and Dispatchable Renewable Energy (FDRE) project at a tariff of INR 4.37 per unit.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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Full Announcement

ACME Solar Holdings Limited has informed the Exchange regarding signing of PPA with NTPC for 400 ISTS connected FDRE Project'.

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ACMECS_30102026084319_Intimation30102026.pdf

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Leading Through Innovation October 30, 2026 To To BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Corporate Relationship Dept., Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Mumbai 400001 Bandra-Kurla Complex, Bandra (East), Mumbai 400 051 Scrip Code: 544283 Symbol: ACMESOLAR Sub: Press Release Dear Sir/Madam, Please find enclosed a Press Release titled “ACME Solar signs PPA with NTPC for 400 ISTS-connected FDRE Project”. You are requested to take the same on your record. Thanking you, for ACME Solar Holdings Limited Rajesh Sodhi Company Secretary and Compliance Officer Encl: As stated Note: This is voluntary submission and not to be considered as an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. ACME Solar Holdings Limited CIN: L40106HR2015PLC102129 Corporate Office: 4th, 6th to 8th Floor, Block A1, DLF World Tech Park, DLF IT SEZ Silokhera, Sector 30, Gurugram, Haryana 122001 India Tel: +91-124-4507100 Fax: +91-124-7117001 Regd. Office: Plot No .152, Sector-44, Gurugram 122002, Haryana, India Tel: +91-124-7117000 Fax: +91-124-7117001 Email: cs.acme@acme.in; Website: www.acmesolar.in ACME Solar signs PPA with NTPC for 400 ISTS-connected FDRE Project GURUGRAM, OCTOBER 30, 2026: ACME Solar Holdings Limited (ACME Solar) through its subsidiary, ACME Marigold Urja Private Limited, has signed a Power Purchase Agreement (PPA) with NTPC Limited (“NTPC”) for a 400 MW Inter-State Transmission System (ISTS)-connected Firm and Dispatchable Renewable Energy (FDRE) project under NTPC’s FDRE-01 tranche at a tariff of INR 4.37 per unit. The tariff for this project has been adopted by Central Electricity Regulatory Commission (CERC). It would be connected to Raghanesda substation on the ISTS network, for which final grant of connectivity has been already secured. The Company has already secured a lease more than 800 acres of land for this project and is on track for scheduled commissioning as per PPA timelines. This FDRE project will integrate renewable energy generation with appropriate energy storage solutions to deliver reliable and dispatchable power throughout the day, while meeting the offtakers’ power requirements during peak demand hours. It would ensure a reliable supply of renewable power, with a minimum annual Capacity Utilisation Factor (CUF) of 40% and an obligation to meet 90% of the peak power requirement for a cumulative duration of 4.5 hours daily across the morning and evening peak hours.. Following this PPA, the under construction PPA-locked contracted portfolio now stands at 4,710 MW out of total under construction contracted capacity of 5,380 MW. About ACME Solar: ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified contracted por<olio of 8,370 MW spanning Solar, BESS, FDRE, Hybrid and Wind solu>ons and an opera>onal capacity of ~3,123 MW and 5.24 GWh of BESS capacity. With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a >me & cost-effec>ve manner while ensuring best in class opera>ng performance evident in its industry leading CUF and opera>ng margins. For Further Details Please Contact ACME Group Corporate Communications Frederick Castro Rimjim Bora Mob: +91 9920665176 Mob: +91 98732 10182 Email: frederick.castro@acme.in Email: rimjim.bora@acme.in