ACME Solar Holdings has secured a letter of award (LoA) for a 50 MW firm and dispatchable renewable energy (FDRE) project at a tariff of Rs 4.43 per unit. The capacity has been won in a 250 MW FDRE tender issued by Tata Power-D, which is a joint venture between Tata Power Company Limited and the Government of the National Capital Territory of Delhi.
Furthermore, the FDRE project will integrate various renewable energy technologies, such as solar power and a battery energy storage system, to fulfill the supply obligations of a power purchase agreement (PPA) tenor of 25 years. The project is scheduled to be commissioned within 24 months from the PPA signing date.
Earlier in July 2025, ACME Solar announced that its wholly owned subsidiaries had signed battery energy storage purchase agreements with NHPC Limited for 275 MW BESS projects in Andhra Pradesh.
