ACME Solar Holdings Ltd. is up 1.98% to Rs 393.95, after declining 1.90% over the last week.

ACME Solar Holdings Limited announced it has received a Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) for a 300 MW assured peak power project, secured under SECI’s 6,000 MWh (1,500 MW × 4 Hours) Assured Peak Power Tender (FDRE-IX). The project, awarded domestically, has a size of 300 MW with a tariff of Rs 6.00 per kWh for a 25-year tenure, with scheduled commencement of supply 18 months from the date of Power Purchase Agreement (PPA) signing.

ACME Solar Holdings Ltd. shares saw a trading volume of 9.45 lakh today, a decrease of 79.19% compared to the average volume over the last one week. ACME Solar Holdings Ltd. surged by 37.60% year-over-year, outperforming the NIFTY50 index which experienced a 1.67% loss.