Acme Solar Holdings has unveiled ambitious expansion targets as part of its long-term strategic growth plan in the renewable energy sector. The company has set comprehensive goals for both power generation and energy storage capacity to be achieved by 2030.

Capacity Expansion Targets

The renewable energy company has outlined specific capacity milestones for the next several years. Acme Solar Holdings aims to develop substantial infrastructure across both generation and storage segments.

Strategic Growth Initiative

The company's expansion strategy encompasses significant scaling of operations across multiple renewable energy segments. The 10 GW generation capacity target represents a substantial increase in solar power infrastructure development. Simultaneously, the 20 GWh battery storage goal positions the company to address growing energy storage demands in the renewable sector.

Growth Projections

Acme Solar Holdings expects to achieve 35% annual growth to support its capacity expansion objectives. This growth rate reflects the company's confidence in market opportunities and its ability to execute large-scale renewable energy projects. The projected growth trajectory aligns with the company's strategic focus on establishing a stronger market position in India's expanding renewable energy landscape.

These capacity targets demonstrate the company's commitment to contributing significantly to India's renewable energy goals while building comprehensive infrastructure across generation and storage capabilities.

ACME Solar Holdings Limited announced the execution of a significant Power Purchase Agreement (PPA) through its wholly owned subsidiary, marking another milestone in the company's renewable energy expansion. The agreement was disclosed on January 29, 2026, under Regulation 30 of SEBI listing regulations.

Project Agreement Details

ACME Urja One Private Limited, the wholly owned subsidiary of ACME Solar Holdings Limited, has signed a PPA with NHPC Limited for a 250 MW FDRE (Firm and Dispatchable Renewable Energy) project. The agreement encompasses power supply as per provisions of RFS (Renewable Energy Certificate) framework.

Timeline and Commercial Terms

The project follows a structured timeline with specific commercial milestones. The scheduled commercial operation date (SCOD) is set for June 30, 2027, providing the subsidiary with approximately 17 months for project development and commissioning.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted this as a voluntary disclosure, demonstrating transparency in corporate communications.

Key regulatory aspects include:

• Compliance with SEBI Master Circular Ref. No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
• No related party transaction implications
• Domestic entity classification for the contracting subsidiary
• No promoter group interest in the counterparty

Corporate Structure

The agreement involves ACME Urja One Private Limited as the contracting entity, which operates as a wholly owned subsidiary of ACME Solar Holdings Limited. This structure allows the parent company to expand its renewable energy portfolio while maintaining operational flexibility through subsidiary operations.

The 250 MW FDRE project represents a significant capacity addition to the company's renewable energy portfolio, with the 25-year tenure providing long-term revenue visibility at the agreed tariff of Rs. 4.33 per unit.