ACME Solar Signs 250 MW PPA with NHPC for FDRE Project
ACME Solar signed a 25-year PPA with NHPC for its 250 MW FDRE project. The agreement, signed on January 29, 2026, involves a capex of ₹3,700 crore and requires a minimum CUF of 40%. This adds to ACME Solar's total PPA-signed portfolio of 5,630 MW.
The PPA is for a substantial 250 MW project with a long-term agreement and a significant capital investment, which is expected to have a considerable impact on the company's future revenue and operational capacity.
The company has signed a significant Power Purchase Agreement (PPA) for a large renewable energy project, which is a positive development for its business growth and revenue generation.
ACME Solar Holdings Limited, through its subsidiary ACME Urja One Private Limited, has entered into a 25-year Power Purchase Agreement (PPA) with NHPC Limited for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) Tranche VI Project. The agreement was signed on January 29, 2026.
The project will be connected to ISTS substations, with connectivity approvals already secured. The PPA mandates a minimum annual Capacity Utilisation Factor (CUF) of 40 percent and requires meeting 90% of peak power demand for 4 hours daily on a monthly basis. The estimated capital expenditure for this FDRE project is approximately ₹3,700 crore. ACME Solar has made significant progress, acquiring nearly 40 percent of the required land and is fast-tracking construction, with an expected CUF exceeding 60 percent. This PPA brings ACME Solar's total PPA-signed portfolio to 5,630 MW, supplemented by a firm pipeline of 2,140 MW.
What to do with a filing like this
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 high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Acme Solar Holdings Limited. Read the original for the full detail.