ACME Solar subsidiary signs 300 MW Power Purchase Agreement with SECI Limited
ACME Solar Holdings Ltd · Power
What the filing says
- ACME Greentech Twenty Private Limited, a wholly owned subsidiary, executed PPA for 300 MW assured Peak Power under FDRE Tranche IX
- Contract with SECI Limited, domestic entity, for 25 years starting April 6, 2028, at a tariff of ₹6.00 per unit
- No promoter/group interest in SECI and not a related party transaction
Why it's rated notable: A executed 25-year PPA for a 300 MW project at Rs. 6.00 per unit with SECI is a definite contract of a size that is large next to the annual revenue of ₹2,370 crore, though the filing states no total contract value.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR) - Bagging/receiving of order(s) or contract(s)
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.