Image Source : The Economic Times
ACME Solar Holdings Ltd, through its subsidiary ACME Urja One Pvt. Ltd., has signed a long-term Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 190 MW hybrid project. The project, priced at ₹4.72 per unit, will operate for 25 years, strengthening India’s renewable energy infrastructure.
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ACME Solar Holdings Ltd has announced a major milestone in India’s renewable energy sector with the signing of a 25-year PPA with SECI. The agreement covers a 190 MW hybrid project that integrates solar, wind, and battery energy storage systems (BESS), ensuring reliable and sustainable peak power supply.
The project is scheduled to commence commercial operations on February 27, 2028, at a tariff of ₹4.72 per unit. With this addition, ACME Solar’s total signed portfolio has expanded to 5,820 MW, reinforcing its position as one
of India’s leading renewable energy developers.
This development aligns with India’s ambitious renewable energy targets and highlights the growing importance of hybrid projects in delivering consistent and cost-effective clean energy solutions.
Key Highlights
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Capacity: 190 MW hybrid (solar + wind + BESS)
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Tariff: ₹4.72 per unit
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Tenure: 25 years
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Scheduled COD: February 27, 2028
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Portfolio Impact: Expands ACME Solar’s signed capacity to 5,820 MW
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Strategic Importance: Supports India’s renewable energy goals and ensures reliable peak power supply
Sources: ACME Solar Press Release, InvestyWise
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