New Launch17 Oct 2025, 02:41 pm
ACME Solar Signs 25-Year PPA with Tata Power-D for 50 MW FDRE Project
AI Summary
ACME Solar Holdings Limited has signed a 25-year Power Purchase Agreement (PPA) with Tata Power-D for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. The PPA was signed at a tariff of INR 4.43 per unit for a minimum annual Capacity Utilization Factor (CUF) of 40% and four hours of peak-hour supply with 90% availability on a monthly basis. This project combines multiple renewable energy technologies including Solar and Battery Energy Storage System (BESS) to meet the supply obligations as per the PPA. ACME Solar has signed PPAs for a cumulative capacity of 600 MW and 550 MWh of standalone BESS projects in this financial year till date.
Key Highlights
- ACME Solar signs a 25-year PPA with Tata Power-D for its 50 MW FDRE project
- The PPA is signed at a tariff of INR 4.43 per unit for a minimum annual CUF of 40% and four hours of peak-hour supply with 90% availability on a monthly basis
- The project combines multiple renewable energy technologies including Solar and BESS
- ACME Solar has signed PPAs for a cumulative capacity of 600 MW and 550 MWh of standalone BESS projects in this financial year till date