India, Oct. 19 -- ACME Solar Holdings Limited, through its subsidiary ACME Greentech Twenty Pvt. Ltd., has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 300 MW / 1,200 MWh assured peak supply project under SECI's FDRE-IX tranche at a tariff of ?6 per unit. The agreement became effective on October 6, 2026.
The project aims to address the growing demand for reliable, dispatchable clean power during evening and night-time peak hours, supporting grid stability as renewable energy's share in India's power mix increases.
Following the signing of this agreement, ACME Solar's under-construction contracted portfolio backed by signed PPAs has reached 4,310 MW, out of a total under-construct...