New Delhi, May 26 -- ACME Solar shares climbed 3% in intraday trade on the BSE on Tuesday, 26 May, after announcing a 25-year power purchase pact with Solar Energy Corporation of India Limited (SECI), with a size of 300 MW at a tariff of Rs.6.28 per unit.

ACME Solar Holdings' share price opened at Rs.300.20 against its previous close of Rs.301 and climbed 2.7% to an intraday high of Rs.309.20. Around 1:10 pm, the stock was 1% up at Rs.304, looking set to extend gains for the fourth consecutive session.

On Tuesday morning, ACME Solar said its wholly-owned subsidiary, ACME Renewtech Sixth Private Limited, had signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI), a AAA-rated central governme...