STOCKWATCH
·
Holding Company
New Launch25 Jun 2025, 11:11 am

ACME Solar Executes 300 MW Power Purchase Agreement with SECI in Rajasthan

AI Summary

ACME Sikar Solar Private Limited, a subsidiary of ACME Solar Holdings Limited, has executed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for 300 MW capacity in Rajasthan at a fixed tariff of 3.05 per kWh. This achievement follows the commissioning of 300 MW capacity by ACME Sikar on June 23, 2025. The project requires to supply power on or before June 30, 2025 and qualifies for Inter-State Transmission System (ISTS) charges waiver. ACME Solar’s PPA-signed portfolio stands at 5,130 MW of which 2,890 MW is already operational, and balance is under various stages of implementation. The company has a firm pipeline of 1,840 MW for which Letter of Award (LOA) has been received.

Key Highlights

  • ACME Solar executes a 25-year PPA with SECI for 300 MW capacity in Rajasthan
  • The project is commissioned and requires to supply power by June 30, 2025
  • The project qualifies for ISTS charges waiver
  • ACME Solar’s PPA-signed portfolio stands at 5,130 MW
  • The company has a firm pipeline of 1,840 MW for which LOA has been received
ACMESOLAR
Holding Company
ACME Solar Holdings Ltd

Price Impact