ACME Solar, through its wholly owned subsidiary ACME Platinum Urja Private Limited, has inked a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 200 MW solar project with 100/400 MWh of energy storage system project. The PPA has been signed for 25 years at a tariff of Rs 3.42 per unit.
Furthermore, under this project, ACME Solar must supply power with an annual capacity utilisation factor of 25 per cent to 27 per cent during solar hours. It must also ensure a minimum availability of 70 per cent on a monthly basis and 85 per cent on an annual basis during the evening peak hours.
Earlier in October 2025, ACME Solar Holdings inked a 25-year PPA with Tata Power-D, the distribution arm of Tata Power, for a 50 MW FDRE project.
Furthermore, in September 2025, ACME Venus Urja Private Limited, a fully owned subsidiary of ACME Solar Holdings Limited, obtained Rs 38.92 billion in project funding from the State Bank of India for the development and construction of a 400 MW firm and dispatchable renewable energy project in Rajasthan.
