ACME Solar signs 450 MW / 1800 MWh ISTS Connected Power Project PPAs
ACME Solar Holdings Limited has signed two PPAs with SJVN for 450 MW / 1800 MWh of ISTS connected assured peak power projects. The PPAs are for a 25-year tenor, signed on March 12, 2026. This brings ACME Solar's total PPA signed capacity to 6,270 MW.
The signing of PPAs for a substantial capacity of 450 MW / 1800 MWh and a long tenor of 25 years indicates a significant expansion in the company's project pipeline and future revenue streams.
The company has secured significant new orders through Power Purchase Agreements, which is a positive development for its business growth and revenue.
ACME Solar Holdings Limited has signed two Power Purchase Agreements (PPAs) with SJVN for a total capacity of 450 MW / 1800 MWh. The PPAs have a tenor of 25 years and were signed on March 12, 2026.
The projects will be connected to ISTS substations and will utilize night-time connectivity for their operations. ACME Solar will supply four hours of assured peak power daily with 90% availability on a monthly basis, and an annual basis. Under these PPAs, ACME Solar will supply 4 hours of assured peak power during non-solar hours with 90% availability on a monthly and an annual basis.
Following these PPAs, ACME Solar has signed 1,690 MW of PPAs in the current financial year, taking the total PPA signed capacity to 6,270 MW. The company offers end-to-end development and O&M of solar, wind, storage, FDE and hybrid solutions, delivering projects in a timely and cost-effective manner while ensuring best-in-class operating performance.
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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 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.