ACME Solar Receives Letter of Award for 130 MW Project at ₹4.35/Unit

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.

Parameter	Details
Project Capacity	130 MW
Project Type	Renewable Energy Round-the-Clock
Awarding Entity	REMC Limited
Tariff Rate	₹4.35 per unit
Contract Duration	25 years
Order Classification	Domestic

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.51%	-1.66%	-0.87%	-7.22%	-2.23%	-8.70%

ACME Solar Holdings Limited has incorporated a new wholly owned subsidiary to strengthen its renewable energy portfolio. The company announced the incorporation of ACME Greentech Sixteen Private Limited, a step aimed at developing renewable energy projects.

Subsidiary Incorporation Details

ACME Greentech Sixteen Private Limited has been established as a wholly owned subsidiary of ACME Solar Holdings Limited. This strategic addition to ACME Solar Holdings' corporate structure is designed to expand its renewable energy operations.

Parameter:	Details
Entity Name:	ACME Greentech Sixteen Private Limited
Ownership:	100% wholly owned subsidiary
Industry Focus:	Power generation (renewable energy)

Financial Structure and Investment

The subsidiary has been incorporated with an initial modest capital structure, fully funded by ACME Solar Holdings.

Financial Details:	Amount
Initial Paid-up Capital:	₹1.00 lakh

Business Objectives and Strategic Focus

ACME Greentech Sixteen Private Limited has been incorporated with a clear mandate to expand the group's renewable energy capabilities. The subsidiary will focus on developing renewable energy projects, aligning with ACME Solar Holdings' commitment to sustainable energy solutions.

The entity's primary business objectives include:

Development of power generation projects
Establishment of renewable energy infrastructure
Implementation of sustainable energy solutions

This subsidiary incorporation reflects ACME Solar Holdings' continued commitment to expanding its renewable energy footprint through strategic corporate structuring and focused business development initiatives.