Archive · 3 Sep 2025
ACME Solar Gains on 50 MW Tata Power Energy Deal
ACME Solar will supply 50 MW of clean energy to Tata Power.
They won the deal in a bidding process.
ACME will combine solar power with batteries to ensure a constant supply.
The deal lasts 25 years.
ACME has two years to build the facility.
The company's stock price increased as a result of this deal.
ACME shares are currently trading above their 5-, 10-, 20-, 30-, 50-, 100- and 150-day simple moving averages (SMAs).
ACME Solar secured a 50 MW renewable energy project from Tata Power.
The contract was awarded through an e-reverse auction on August 13, 2025.
ACME Solar will integrate solar power and BESS technology.
The project requires a 40% minimum annual capacity utilization factor.
ACME Solar shares rose 6% on Wednesday's trade on the BSE.
- Who
- ACME Solar Holdings Ltd and Tata Power
- What
- ACME Solar won a contract to provide 50 MW of clean energy
- When
- August 13, 2025 (e-reverse auction) and during the current trading day
- Where
- India
- Why
- To supply clean energy under a competitive bidding process
- Contract Size
- 50 MW
- Winning Bidder
- ACME Solar Holdings Ltd
- Buyer
- Tata Power
- Tariff per Unit
- ₹4.43
- PPA Duration
- 25 years
- ACME Share Price (BSE)
- ₹303.60 (Day's High)
- ACME Share Price Change
- Up 6%
