ACME Solar commissions additional 66.68 MW of Rajasthan hybrid project capacity
As filed · ACME Solar Holdings Limited has informed the Exchange about an update on commissioning of solar component of the Hybrid Power Project
What happened
FactACME Solar Holdings, through subsidiary ACME Renewtech, commissioned an additional 66.68 MW of solar capacity in Rajasthan on October 5, 2026. The commercial operation date is scheduled for October 7, 2026, taking commissioned solar capacity under the 300 MW Hybrid Power Project to 133.36 MW; the project has a power purchase agreement with NTPC Limited.
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedIn Q4 FY25, our revenue rose by 70% year-on-year to INR 539 crore, while EBITDA surged 118% to INR 488 crore.
Total revenue for the quarter stood at INR954 crores, which is up 63% year-on-year, while EBITDA increased 56% to INR831 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
- We are upgrading our BESS commissioning guidance from 10 gigawatt hour by calendar year 2027 to more than 10 g (management committed by FY27)
- And for the full year, we upgraded our capex to approximately INR15,000 crores to INR20,000 crores. (management committed by FY27)
Evidence
- ACME Solar Holdings Limited has informed the Exchange about an update on commissioning of solar component of the Hybrid Power Project(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q1 FY27
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- The commissioning advances execution of the hybrid power project and supports future contracted generation under the PPA with NTPC Limited. COD remains scheduled for October 7, 2026.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%