Acme Solar Holdings Limited witnessed a sharp surge in its share price on March 19, with the stock gaining over 8% during the trading session. The rally comes after the company announced fresh progress in its wind energy project in Gujarat, signaling continued momentum in its renewable energy expansion.
The company confirmed the commissioning of an additional 8 megawatts (MW) capacity at its wind power project, taking the total operational capacity to 84 MW out of the planned 100 MW. This development marks another step forward in Acme Solar’s ongoing clean energy initiatives.
The project is located in Titoda village, Sayla taluka, in the Surendranagar district of Gujarat. According to officials from the Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company Limited (PGVCL), the commissioning process has been validated, with a formal certification expected to be issued in due course.
This update builds on a series of commissioning milestones announced by the company between October 2025 and March 2026, reflecting steady execution of the project. Once fully completed, the 100 MW wind project is expected to significantly strengthen Acme Solar’s renewable energy portfolio.
The development is particularly important for Acme Eco Clean Energy Private Limited, a subsidiary of Acme Solar Holdings Limited, which is spearheading the project. The progress underscores the company’s focus on scaling up its presence in India’s renewable energy sector.