Why are Acme Solar Holdings shares buzzing in trade today? Find out here!

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Why are Acme Solar Holdings shares buzzing in trade today? Find out here! - Business Standard

Quick Summary:

Shares of Acme Solar Holdings surged up to 4.32 per cent at Rs 279.

The solar power company in an exchange filing said that the project also includes a green-shoe option that could potentially expand the total capacity of this project from the initial 250 MW to 500 MW.

This came after the company on Wednesday said that it has secured a 250 MW Firm & Dispatchable Renewable Energy (FDRE) project from NHPC at a tariff of Rs 4.56 per unit.