New Launch19 Feb 2026, 08:49 am
ACME Solar Subsidiary Signs 25-Year PPA for 190 MW Hybrid Power Project with SECI
AI Summary
ACME Urja One Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has executed a Power Purchase Agreement (PPA) with SECI Limited for a 190 MW Hybrid Power Project. The project, which includes a Battery Energy Storage System, will supply power at a tariff of Rs. 4.72 per unit. The project tenure is 25 years from the date of signing of the PPA. ACME Solar's total PPA-signed portfolio now stands at 5,820 MW.
Key Highlights
- ACME Urja One Private Limited has signed a 25-year PPA with SECI for a 190 MW Hybrid Power Project.
- The project includes a Battery Energy Storage System and will supply power at a tariff of Rs. 4.72 per unit.
- The project tenure is 25 years from the date of signing of the PPA.
- ACME Solar's total PPA-signed portfolio now stands at 5,820 MW.
- The project is financed by Power Finance Corporation Ltd (PFC) as part of the existing sanctioned project under Phase II.