ACME Solar signs 300 MW PPA with SECI at ₹6/unit
ACME Solar Holdings Limited signed a PPA with SECI for a 300 MW / 1,200 MWh project. The agreement secures a tariff of ₹6 per unit for assured peak supply. Effective October 6, 2026, the project integrates solar and battery storage, addressing peak demand needs.
Securing a PPA of this size and with a government agency like SECI is a material development for a solar energy company, impacting future revenue and operational scale.
The announcement details a significant new order and a Power Purchase Agreement with a government entity, indicating business growth and secured revenue.
ACME Solar Holdings Limited has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a 300 MW / 1,200 MWh assured peak supply project. The PPA is for the SECI FDRE Project at a tariff of ₹6 per unit.
The agreement is effective from October 06, 2026. This Fixed-Duration Resource Energy (FDRE) project will support the growing need for reliable, dispatchable clean power during evening and night-time peak demand, helping strengthen grid stability as renewable energy's share in India's power mix increases.
Under this PPA, ACME Solar will supply 4 MW per MW of contracted capacity for four hours daily during non-solar hours, while maintaining a minimum availability of 90% on a monthly basis. The project will integrate Solar power and Battery Energy Storage System (BESS) technologies. With an in-house EPC and O&M division, the company undertakes end-to-end development and O&M of its plants, thereby delivering project outputs in a timely and cost-effective manner while ensuring best-in-class operating performance.
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.
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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.