ACME Solar signs two PPAs with SJVN Ltd for 450 MW FDRE project
Type: Ppa · Technology: Hybrid · Country: India · Capacity: 450 MW · Announced: 2026-03-05
ACME Solar's arm ACME Greentech Seventh signed two power purchase agreements with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project.
Analysis
ACME Solar's arm, ACME Greentech Seventh, signed two PPAs with SJVN Ltd. for a 450 MW firm and dispatchable renewable energy (FDRE) project in India. These 300 MW and 150 MW agreements expand ACME Solar's 7.39 GW portfolio, with SJVN Ltd. acting as off-taker for the hybrid power.
Key points
- ACME Solar (ACME Greentech Seventh) signed 2 PPAs.
- SJVN Ltd. off-takes 450 MW FDRE capacity.
- Hybrid project located in India.
- ACME Solar manages 7.39 GW portfolio.
Counterparties
- ACME Solar (Developer)
- SJVN Ltd (Offtaker)