ACME Solar Holdings Unit Receives GEDA Commissioning Certificate for 12 MW Wind Project Completion in Gujarat

ACME Solar Holdings has reached an important milestone in its renewable energy expansion with one of its units receiving a commissioning certificate from the Gujarat Energy Development Agency (GEDA). The certificate recognizes the successful completion of 12 MW capacity as part of the company's larger wind energy project in Gujarat.

Project Development Progress

The commissioning certificate marks significant progress in ACME Solar Holdings' 100 MW wind project located in Gujarat. The completion of the initial 12 MW represents the first phase of this substantial renewable energy initiative.

Project Parameter:	Details
Total Project Capacity:	100 MW
Completed Capacity:	12 MW
Remaining Capacity:	88 MW
Project Location:	Gujarat
Certifying Authority:	Gujarat Energy Development Agency (GEDA)

Strategic Significance

The GEDA commissioning certificate serves as official recognition that the 12 MW portion of the wind project meets all regulatory and technical requirements for commercial operation. Gujarat has established itself as a leading state for renewable energy development in India, making this project strategically important for ACME Solar Holdings' expansion plans.

Company's Renewable Energy Portfolio

This wind project development aligns with ACME Solar Holdings' focus on expanding its renewable energy infrastructure across India. The successful commissioning of the initial 12 MW capacity demonstrates the company's execution capabilities in the wind energy sector, complementing its solar energy operations.

The completion of this phase positions ACME Solar Holdings to continue development of the remaining 88 MW capacity of the Gujarat wind project, further strengthening its renewable energy portfolio in the state.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.72%	-3.58%	+7.69%	-10.06%	-1.74%	-9.54%

ACME Solar Holdings Limited has announced the incorporation of a wholly owned subsidiary to strengthen its renewable energy portfolio. The company informed stock exchanges about this corporate development through a regulatory filing under SEBI Listing Regulations.

New Subsidiary Details

The newly incorporated entity, ACME Greentech Eighteen Private Limited, was established on January 01, 2026, with its registered office located in Gurugram, Haryana, India. The subsidiary operates in the power generation sector, specifically focusing on renewable energy initiatives.

Parameter:	Details
Entity Name:	ACME Greentech Eighteen Private Limited
Incorporation Date:	January 01, 2026
Location:	Gurugram, Haryana, India
Industry:	Power generation (renewable energy)
Ownership:	100% wholly owned subsidiary

Financial Structure

The subsidiary has been established with a modest initial capital structure. ACME Solar Holdings Limited has subscribed to the entire initial paid-up share capital through cash consideration.

Financial Details:	Amount
Initial Capital:	₹1.00 lakh
Number of Shares:	10,000 equity shares
Face Value per Share:	₹10.00
Consideration Type:	100% cash subscription

Business Objectives

The wholly owned subsidiary has been incorporated with specific objectives aligned to the renewable energy sector. ACME Greentech Eighteen Private Limited will undertake businesses relating to:

Development of power generation projects
Establishment of renewable energy infrastructure
Operation of renewable energy projects

The incorporation does not require any specific governmental or regulatory approvals, as indicated in the regulatory filing. This strategic move allows ACME Solar Holdings Limited to expand its renewable energy operations through a dedicated subsidiary structure, potentially facilitating focused project development and operational efficiency in the growing clean energy sector.