ISTS-connected project to deliver assured peak power during non-solar hours.

ACME Solar Signs 25-Year SECI PPA for 300 MW FDRE Project.

ACME Solar Holdings Limited has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India Limited for a 300 MW/1,200 MWh firm and dispatchable renewable energy (FDRE) project. The agreement was executed through its subsidiary, ACME Renewtech Sixth Private Limited. The inter-state transmission system (ISTS)-connected project will provide four hours of assured peak power during non-solar hours, strengthening ACME Solar’s dispatchable renewable energy portfolio. The project will leverage the company’s existing night-time connectivity at high-irradiation locations and carries a minimum annual availability requirement of 85%. The project was awarded under SECI’s FDRE Tranche-VII tender through tariff-based competitive bidding, with the e-reverse auction held on February 2, 2026, and the Letter of Award issued on February 10, 2026. Following the PPA signing, ACME Solar’s total PPA-signed capacity has risen to 6,570 MW out of its overall contracted portfolio of 8,070 MW, underscoring its growing presence in India’s clean energy transition.