ACME Solar Holdings544283Major contract win
Signs PPA for 300 MW / 1,200 MWh assured peak supply SECI FDRE project at INR 6 per unit
ACME Solar's subsidiary ACME Greentech Twenty Pvt Ltd has signed a Power Procurement Agreement (PPA) with SECI for 300 MW / 1,200 MWh assured peak supply under the FDRE-IX tranche.
By ScoutQuest · · 2 min read
- Contracted Capacity
- 300 MW / 1,200 MWh assured peak supply under FDRE-IX tranche
- Tariff
- INR 6 per unit
- Under Construction PPA Signed Portfolio
- 4,310 MW of 5,380 MW total under construction contracted capacity
What was signed
- ACME Solar Holdings Limited, through its subsidiary ACME Greentech Twenty Pvt Ltd, has signed a Power Procurement Agreement (PPA) with Solar Energy Corporation of India Limited (SECI).
- The contract covers 300 MW / 1,200 MWh of assured peak supply under SECI's FDRE-IX tranche.
- The tariff is INR 6 per unit, and the effective date is October 06, 2026.
What the project has to deliver
- Supply of 4 MWh per MW of contracted capacity for any four hours daily during non-solar hours.
- A minimum availability of 90% on a monthly basis.
- The project will combine solar and Battery Energy Storage System (BESS) technologies and will use night-time connectivity already available with the company.
- The company describes the project as supporting reliable, dispatchable clean power during evening and night-time peak demand and helping grid stability as renewable energy's share of India's power mix rises.
How the portfolio looks after this PPA
- Under construction PPA signed contracted portfolio: 4,310 MW out of total under construction contracted capacity of 5,380 MW.
- Overall diversified contracted portfolio: 8,370 MW across solar, BESS, FDRE, hybrid and wind.
- Operational capacity: about 3,123 MW, along with 4.96 GWh of BESS capacity.
What a reader can take away
- A PPA sets out the agreed tariff and the delivery obligations for a project. Here the company has committed to a fixed INR 6 per unit and to supplying peak-hour power every day, not just when the sun shines.
- The storage-linked structure means delivery depends on battery performance; the 90% monthly availability condition is the stated benchmark the project must meet.
- The gap between 4,310 MW signed and 5,380 MW under construction contracted capacity indicates part of the under-construction pipeline is still to be tied to PPAs.
- The company said the submission to the exchanges is voluntary and not an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Also from ACME Solar Holdings
Additional 17.91 MW/74.323 MWh of BESS commissioned at Rajasthan FDRE project
23 Oct 2026
ACME Solar Holdings to hold Q2 & H1 FY27 earnings call on October 29, 2026 at 12:00 PM IST
23 Oct 2026
Board meeting on October 28, 2026 to consider and approve September quarter results
21 Oct 2026
More numbers
- Contracted capacity under the PPA300 MW
- Assured peak supply energy1,200 MWh
- Tariff under the PPAINR 6 per unit
- Minimum monthly availability90%
- Under construction PPA signed contracted portfolio4,310 MW
- Total under construction contracted capacity5,380 MW
- Total diversified contracted portfolio8,370 MW
- Operational capacity~3,123 MW
Source: BSE · 19 Oct 2026
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