ACME Solar secures 301 MW/ 1,204 MWh assured peak supply SECI FDRE Project
Kiran DSIJ / 06 Feb 2026 / Categories: Mindshare, Trending
The company has a market cap of over Rs 13,000 crore and the stock is up by 29 per cent from its 52-week low of Rs 171.90 per share.
Solar-holdings-ltd-287433">ACME Solar Holdings Ltd has secured a 301 MW/ 1,204 MWh assured peak supply SECI FDRE-VII project in an e-reverse auction conducted on February 05, 2026. Following this win, ACME Solar’s diversified portfolio stands at 8,071 MW contracted capacity spanning solar, wind, storage, hybrid, FDRE and RTC solutions. The formal Letter of Award is expected soon.
The bid requires supply of 4 MWh per MW of contracted capacity for any four hours each day, only during the non-solar hours, while ensuring availability of 70 per cent on a monthly and 85 per cent on an annual basis. The project would integrate Solar and Battery Energy Storage System (BESS) technology to meet the supply requirements and would utilise the night-time connectivity already available with the company.
About the Company
ACME Solar Holdings is a leading integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions and an operational capacity of 2,890 MW. 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 time & cost-effective manner while ensuring best-in-class operating performance evident in its industry-leading CUF and operating margins.
On Friday, shares of ACME Solar Holdings Limited plunged 2.60 per cent to Rs 221.40 per share from its previous closing of Rs 227.30 per share. The company has a market cap of over Rs 13,000 crore and the stock is up by 29 per cent from its 52-week low of Rs 171.90 per share.
Disclaimer: The article is for informational purposes only and not investment advice.