ACME Solar Holdings Limited announced that its subsidiary, ACME Renewtech Private Limited, successfully commissioned Phase-I of its solar power project on September 12, 2026. The phase comprises 66.68 MW out of a total 300 MW solar power project situated at Village Kelan, Tehsil Chhatargarh, District Bikaner, Rajasthan, with a scheduled commercial operation date (COD) of September 14, 2026.

The commissioned 66.68 MW capacity forms a key part of the larger 300 MW utility-scale solar asset being developed in the renewable-rich state of Rajasthan. ACME Renewtech operates under the umbrella of ACME Solar Holdings Limited, focusing on expanding clean energy infrastructure to support regional grid requirements and augment utility-scale photovoltaic generation capabilities.

ACME Solar Holdings Limited operates as a prominent player within the renewable energy sector in India, specializing in the development, construction, ownership, and operation of utility-scale solar and hybrid power projects. In recent 2025 and 2026 updates, the company expanded its operational portfolio by commissioning multiple capacities, such as additional installations in Rajasthan, and targeted aggressive capacity expansions aiming for significant gigawatt-scale portfolios through firm and dispatchable renewable energy (FDRE) solutions. The firm continues to secure major power purchase agreements (PPAs) and maintain robust financing frameworks to drive its multi-thousand-crore capital expenditure plans.

For the financial year 2025–2026, ACME Solar Holdings Limited posted consolidated annual revenues of ₹4,357.29 Crores, marking a substantial year-on-year growth of 188.21% compared to the prior fiscal period. Net profits for the full year reached ₹340.16 Crores, reflecting an 80.20% increase year-on-year. The company’s institutional and public shareholding features investments from prominent domestic mutual funds, foreign portfolio investors, and institutional bodies actively participating in India’s green transition.