ACME Solar awarded 50 MW FDRE project by Tata Power

ACME Solar Holdings Ltd has been awarded an LOA for 50 MW Firm and Dispatchable Renewable Energy ("FDRE") project at a tariff of INR 4.43 / unit in a 250 MW FDRE tender floated by Tata Power Company Limited (Tata Power-D). Notably, Tata Power-D is a licensed electricity distribution company and is a part of Tata Power Company Limited.

The FDRE tender was floated under tariff-based competitive guidelines (TBCB) for which an e-reverse auction was conducted on August 13, 2025. The project will be required to maintain a minimum annual CUF of 40% and ensure four hours of peak-hour supply with 90% availability on a monthly basis.

The project would combine multiple renewable energy technologies including Solar and Battery Energy Storage System (BESS) to meet the supply obligations for PPA tenor of 25 years. The commissioning timeline of the project is 24 months from the PPA signing.

Shares of ACME Solar Holdings Limited was last trading in BSE at Rs. 298.65 as compared to the previous close of Rs. 287.00. The total number of shares traded during the day was 226587 in over 4369 trades.

The stock hit an intraday high of Rs. 303.60 and intraday low of 284.25. The net turnover during the day was Rs. 67391951.00.

Source : Equity Bulls

Keywords

ACMESolarHoldings INE622W01025 OrderWin TataPower