ACME Solar Subsidiary Signs 300 MW PPA with SECI
ACME Solar's subsidiary, ACME Greentech Twenty Private Limited, signed a 300 MW Power Purchase Agreement with SECI Limited. The project has a tariff of ₹6.00 per unit and a 25-year tenure, commencing supply on April 6, 2028.
Securing a 300 MW PPA with SECI is a material event for a solar energy company, directly impacting its future revenue, capacity utilization, and market position.
The execution of a significant Power Purchase Agreement for a 300 MW project is a positive development, indicating business growth and future revenue streams.
ACME Solar Holdings Limited announced that its wholly-owned subsidiary, ACME Greentech Twenty Private Limited, has executed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI Limited). This agreement is for an assured Peak Power project with a contract capacity of 300 MW under the FDRE Tranche IX scheme.
The PPA specifies a tariff of ₹6.00 per unit for the power generated. The project is scheduled to commence supply on April 6, 2028 (SCSD), with a project tenure of 25 years from the SCSD.
This development follows a previous intimation dated August 28, 2026. The company has provided this information voluntarily as per SEBI Listing Regulations.
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.