Acme Solar Holdings is trading at RS. 249.35, rising by 3.75 points or 1.53% from its previous close of RS. 245.60 on the BSE.

The stock opened at RS. 250.05 and touched an intraday high of RS. 252.20 and a low of RS. 247.80. A total of 18,355 shares have been traded so far.

This BSE group 'B' stock, with a face value of RS. 2, marked its 52-week high at RS. 292.00 on December 4, 2024, and a 52-week low at RS. 167.55 on January 28, 2025. In the last one week, the stock has moved between RS. 256.00 and RS. 241.15. The company currently has a market capitalization of RS. 15054.58 crore.

Promoters hold 83.41% of the company, while institutional and non-institutional investors hold 11.83% and 4.75%, respectively.

In a significant development, ACME Solar Holdings has fully commissioned its 300 MW renewable energy capacity at the ACME Sikar Solar project in Rajasthan, after adding the final 60 MW during the current quarter. Earlier, the company had commissioned 240 MW of the same project. With this, ACME Solar’s total operational capacity has reached 2,890 MW.

Spread across 1,300 acres in Bikaner, Rajasthan — a high solar irradiation zone — the Sikar Solar project is connected to the Bikaner II substation at 220 kV. It is expected to generate around 780 million units of renewable energy annually. The project was allocated under the SECI-ISTS XVIII scheme at a tariff of RS. 3.05 per unit, approved by CERC, with a Power Purchase Agreement (PPA) to be signed soon.

Additionally, ACME Solar has commissioned its first wind project of 50 MW at Shapar, Gujarat, with the final 3.3 MW turbine installed this quarter. Located in one of India’s top wind zones, this project operates under a 25-year PPA with GUVNL. Developed through in-house EPC, this marks ACME Solar’s strategic diversification into wind energy and enhancement of its EPC capabilities.

ACME Solar Holdings is a leading renewable energy company in India, with a growing portfolio in solar, wind, hybrid, and firm and dispatchable renewable energy projects.