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