ACME Solar Holdings has announced the establishment of a new fully owned subsidiary named Acme Greentech Seventeen Private Limited. This corporate development marks another step in the company's organizational expansion within the renewable energy sector.

Corporate Structure Enhancement

The formation of this new subsidiary represents a strategic move by ACME Solar Holdings to enhance its corporate structure. The establishment of Acme Greentech Seventeen Private Limited demonstrates the company's systematic approach to business organization and operational management.

Strategic Business Development

The creation of this subsidiary aligns with the company's focus on renewable energy and green technology solutions. By establishing dedicated corporate entities, ACME Solar Holdings appears to be positioning itself for structured growth and specialized operations within different segments of the clean energy market.

This development reflects the company's commitment to expanding its presence in the renewable energy sector through organized corporate structures that can facilitate focused business activities and operational efficiency.

ACME Solar Holdings has received a Letter of Award (LOA) from REMC Limited for a 130 MW renewable energy round-the-clock power project, marking a significant milestone in the company's expansion within India's solar energy sector. The company disclosed this development under Regulation 30 of SEBI Listing Regulations as a voluntary disclosure.

Project Award Details

The Letter of Award confirms the project specifications and commercial terms that ensure sustained revenue generation over an extended period. The project represents substantial capacity addition to the company's renewable energy portfolio.

Commercial Terms and Revenue Impact

The project comes with attractive commercial parameters that provide long-term revenue visibility. The applicable tariff of ₹4.35 per unit will remain fixed for the entire duration of the project spanning 25 years. This extended contract period offers substantial cash flow predictability and aligns with industry standards for renewable energy projects.

The round-the-clock nature of the project indicates advanced energy storage or hybrid renewable solutions, positioning ACME Solar Holdings at the forefront of next-generation renewable energy infrastructure.

Regulatory Compliance and Disclosure

ACME Solar Holdings made this disclosure pursuant to Regulation 30 of SEBI Listing Regulations, demonstrating its commitment to transparent communication with stakeholders. The company noted this as a voluntary disclosure, continuing from its earlier intimation dated November 24, 2025.

The project award reinforces the company's competitive capabilities in securing renewable energy contracts and strengthens its position as a significant player in India's growing solar market. This development adds meaningful scale to ACME Solar Holdings' operational portfolio and supports the country's renewable energy transition goals.