ACME Solar Signs 130 MW RTC Power Project PPA with Northeast Frontier Railway
ACME Solar's subsidiary signed a PPA with Northeast Frontier Railway for a 130 MW RTC renewable energy project. The project is scheduled to commence supply by February 25, 2029, with a 25-year tenure at a tariff of ₹4.35 per kWh.
The PPA is for a substantial 130 MW project, which is expected to contribute to the company's long-term revenue stream over 25 years. However, the project commencement is in 2029, indicating a longer-term impact.
The company secured a significant new order for a large-scale renewable energy project, indicating business growth and expansion.
ACME Solar Holdings Limited announced that its wholly-owned subsidiary, ACME Marigold Urja Private Limited, has executed a Power Purchase Agreement (PPA) with Northeast Frontier Railway (NFR).
This agreement is for the establishment of a 130 MW Round the Clock (RTC) renewable energy power project. The PPA was signed on August 26, 2026, and is a follow-up to a previous intimation dated December 24, 2025.
The project has a scheduled commencement of supply date (SCSD) of February 25, 2029, and a project tenure of 25 years from the SCSD. The tariff for the power supplied will be ₹4.35 per kWh for each year during the PPA tenure. The project is being developed with a domestic entity, REMC Limited, as the awarder of the order.
The company has confirmed that promoters, promoter group, or group companies do not have any interest in REMC Limited, and the contract does not fall under related party transactions.
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Acme Solar Holdings Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Acme Solar Holdings Limited. Read the original for the full detail.