Acquisitions31 Oct 2025, 04:05 pm
ACME Solar Subsidiary Acquires Inter-State Trading Licence for Electricity
AI Summary
ACME Solar Holdings Limited’s wholly owned subsidiary, ACME Greentech Eighth Private Limited, has been granted a ‘Category IV’ trading licence for inter-State trading in electricity in all over India by the Central Electricity Regulatory Commission, New Delhi. This licence, valid for 25 years, will enable the subsidiary to undertake trading of electricity and generate revenue through trading margin. The trading licence was granted on October 30, 2025, under the provisions of Sections 14 and 15 (1) of the Electricity Act, 2003 read with Regulation 6 of the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of trading licence and other related matters), Regulations, 2020.
Key Highlights
- ACME Solar Holdings Limited’s subsidiary, ACME Greentech Eighth Private Limited, has acquired a ‘Category IV’ trading licence for inter-State trading in electricity.
- The licence was granted by the Central Electricity Regulatory Commission, New Delhi on October 30, 2025.
- The licence is valid for 25 years, enabling the subsidiary to undertake trading of electricity and generate revenue through trading margin.
- The trading licence was granted under the provisions of Sections 14 and 15 (1) of the Electricity Act, 2003 read with Regulation 6 of the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of trading licence and other related matters), Regulations, 2020.