ACME Solar Signs 25-Year PPA with SECI for 300 MW Assured Peak Power Project

ACME Solar Holdings (ACME Solar) through its subsidiary ACME Renewtech Sixth, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI), a AAA-rated Central Government enterprise, for 300 MW / 1,200 MWh ISTS-connected assured peak power capacity. 

This FDRE project will be connected to ISTS substations and will utilise ACME Solar’s existing night-time connectivity available at high irradiation zones. Under the PPA, ACME Solar will supply 4 hours of assured peak power only during non-solar hours with a minimum annual availability requirement of 85 percent.

The project was awarded to ACME Solar under SECI’s FDRE Tranche-VII tender, pursuant to the Letter of Award (LOA) dated February 10, 2026. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines, with the e-reverse auction conducted on February 02, 2026. 

With this, out of the total contracted portfolio of 8,070 MW, PPA-signed portfolio stands at 6,570 MW.