ACME Solar Holdings Limited has secured a significant contract, executing a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300MW Wind-Solar Hybrid project. According to a BSE filing, the project is under Hybrid Tranche IX, with a scheduled commencement of supply date of 30.06.2028 and a project tenure of 25 years. The tariff for the project is set at Rs 3.25 per unit.
The project involves the development of a Wind-Solar Hybrid power project, which will contribute to India’s growing renewable energy sector. As part of the agreement, ACME Renewtech Fifth Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, will be responsible for the project’s execution.
The contract was awarded through a competitive bidding process, and the PPA marks a significant milestone for ACME Solar Holdings Limited. The order adds to the company’s growing portfolio of renewable energy projects, strengthening its position in the Indian power sector.
The project is expected to contribute to India’s renewable energy targets, and the 300MW Wind-Solar Hybrid project will help reduce the country’s dependence on fossil fuels. This order reinforces ACME Solar Holdings Limited’s position as a leading player in the Indian renewable energy sector.
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