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ACME Solar signs PPA with SECI for 200 MW Solar and Battery Storage project

By Enersider Desk | New Delhi

ACME Solar has signed a 25-year Power Purchase Agreement (PPA) with SECI Limited for its 200 MW Solar and 100 MW/400 MWh ESS project at a tariff of INR 3.42 per unit. 

The PPA was signed on 24 November 2025 post the adoption of tariff by the Central Regulator and power procurement approval by the State Regulator.

SECI had awarded the Letter of Award to ACME Solar for a cumulative capacity of 350 MW in July 2024, out of which the Company had already signed a PPA for 150 MW in October 2024.

The current development brings the project’s full capacity under PPA.

Under the project, ACME Solar is required to supply power with annual Capacity Utilization Factor (CUF) of 25%-27% during solar hours, and ensure minimum availability of 70% on a monthly basis and 85% on an annual basis during the evening peak hours. 

The project is scheduled to be commissioned by June 2027.

Project timeline will benefit from the final grant of connectivity already available for this project with Acme Solar.

Following this development, the company has cumulatively signed PPAs of 800 MW contracted capacity including BESS capacity of 2,320 MWh in the current financial year. 

This brings ACME Solar’s overall PPA signed capacity to 5,380 MW.

ACME Solar Holdings Limited is an integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions.

The company’s operational contracted capacity is 2,934 MW and under construction contracted capacity is 4,456 MW including 13.5 GWh of BESS installation. 

With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a timely and cost-effective manner. 

Also Read: Utilising 7.3 mn tonnes of straw can produce renewable energy worth Rs 270 cr a year: IBA

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