ACME Solar Holdings Limited signs 25-year PPA with Solar Energy Corporation of India Limited for 300 MW FDRE project
Type: Ppa · Technology: Hybrid · Country: India · Capacity: 300 MW · Announced: 2026-05-26
ACME Solar Holdings Limited has signed a 25-year Power Purchase Agreement with the Solar Energy Corporation of India Limited for a 300 MW renewable energy project. This agreement ensures an assured peak power supply and an annual availability of 85% for the duration of the contract. With this PPA, ACME's total renewable energy portfolio in India expands to 6,570 MW. The project is designed to enhance the company's presence in the Indian renewable energy sector.
Analysis
ACME Solar Holdings Limited has signed a 25-year Power Purchase Agreement with the Solar Energy Corporation of India Limited for a 300 MW renewable energy project in India. This PPA expands ACME's total renewable energy portfolio in India to 6,570 MW. The agreement, announced on 2026-05-26, ensures an assured peak power supply and an annual availability of 85% for the 25-year duration. This hybrid technology project is designed to enhance ACME's presence in the Indian renewable energy sector.
Key points
- ACME Solar Holdings Limited signed a 25-year PPA.
- The PPA is with Solar Energy Corporation of India Limited.
- The project is a 300 MW renewable energy project in India.
- The agreement ensures 85% annual availability.
- ACME's total renewable energy portfolio in India is 6,570 MW.
Counterparties
- Solar Energy Corporation of India (Offtaker)
- ACME Solar Holdings Limited (Developer)