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BSE Announcement Details

As on : 26-May-2026
ACME Solar Holdings signs power purchase agreement with SECI
 <P>ACME Solar Holdings (ACME Solar) through its subsidiary ACME Renewtech Sixth, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI), a AAA-rated Central Government enterprise, for 300 MW / 1,200 MWh ISTS-connected assured peak power capacity. </P> <P>This FDRE project will be connected to ISTS substations and will utilize ACME Solar's existing night-time connectivity available at high irradiation zones. Under the PPA, , ACME Solar will supply 4 hours of assured peak power only during non-solar hours with minimum annual availability requirement of 85%.</P> <P>The project was awarded to ACME Solar under SECI's FDRE Tranche-VII tender, pursuant to the Letter of Award (LOA) dated February 10, 2026. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines, with the e-reverse auction conducted on February 02, 2026. </P> <P>With this, out of the total contracted portfolio of 8,070 MW, PPA-signed portfolio stands at 6,570 MW. </P>

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