ACME Greentech Twenty Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW assured peak power project under firm and despatchable renewable energy (FDRE) Tranche IX. The PPA has a tenure of 25 years from the scheduled commencement of supply date, with a tariff of Rs 6 per kWh applicable throughout the tenure. The project is scheduled to commence power supply on April 6, 2028.
In September 2026, ACME Solar, through its wholly owned subsidiary ACME Greentech Seventh Private Limited, commissioned Phase II of the battery energy storage system component, comprising 52.32 MW/209.28 MWh, of its 300 MW/1,200 MWh FDRE project at Kelan village in Bikaner, Rajasthan.
In August 2026, ACME Marigold Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, signed a PPA with Northeast Frontier Railway for a 130 MW round-the-clock renewable energy project. Furthermore, the PPA has a tenure of 25 years from the scheduled commencement of supply date, with a tariff of Rs 4.35 per kWh applicable throughout the tenure. The project is scheduled to commence power supply on February 25, 2029.
