ACME Solar Holdings has incorporated two new wholly owned subsidiaries, Amshuman Renewables Private Limited and Urjita Powertech Private Limited, to expand its footprint in the renewable energy sector. The entities were registered on October 13, 2026, with a primary objective to undertake the development, establishment, and operation of power generation and renewable energy projects.

The newly formed companies are registered in Gurugram, Haryana, India. Both entities belong to the Power Generation (Renewable Energy) industry. The incorporation aligns with the company’s strategic focus on growing its renewable energy portfolio through dedicated operational vehicles.

Subsidiary details

The following table outlines the key incorporation details for the new entities:

Capital structure

ACME Solar Holdings subscribed to 100% of the initial paid-up share capital of both subsidiaries in cash. The total cost of subscription for each entity is ₹1,00,000, comprising 10,000 equity shares with a face value of ₹10 each. The listed entity holds complete control over these new ventures.

The company stated that no specific governmental or regulatory approvals were required for the incorporation of these entities beyond standard registration procedures. This move allows ACME Solar to isolate project risks and manage specific renewable energy assets through separate legal structures.

Acme Solar Holdings subsidiary has commissioned an additional 66.68 MW of solar power capacity in Bikaner, bringing the total operational solar capacity to 133.36 MW under its 300 MW hybrid project.

Project capacity milestone

The latest commissioning marks a significant step in the phased execution of the 300 MW hybrid project. With this addition, the subsidiary has now operationalised 133.36 MW of the total 300 MW project capacity. The following table summarises the capacity status of the project:

Progress toward full capacity

The project is being developed in phases, with the subsidiary progressively adding solar generation capacity at the Bikaner site. The cumulative commissioned capacity of 133.36 MW represents the solar component brought online so far within the broader 300 MW hybrid framework. The remaining capacity is yet to be commissioned as the project continues its phased rollout.