ACME Solar Signs PPA with SECI for 190 MW Wind-Solar Hybrid Project
ACME Solar Holdings, through ACME Urja One, has signed a 25-year PPA with Solar Energy Corporation of India for a 190 MW wind-solar hybrid project with assured peak power at a tariff of INR 4.72 per unit.
February 19, 2026. By Mrinmoy Dey
The project forms part of a 380 MW capacity, of which PPA for the first 190 MW has already been signed, the company said in a statement.
It further added that the PPA requires supplying power with a minimum annual Capacity Utilisation Factor (CUF) of 50 percent and an obligation to meet 80 percent of peak power requirement on a daily basis. The tariff has been fixed at INR 4.72 per unit.
The tariff of the PPA has been adopted by the Central Electricity Regulatory Commission (CERC), and the power procurement plan has been approved by the appropriate State Electricity Regulatory Commission, the company stated.
Connectivity for all the components of this project - solar, wind and BESS - have been secured. The Scheduled commercial operation date (SCOD) is fixed at February 27, 2028.
The project has already been financed by Power Finance Corporation (PFC) as part of the existing sanctioned project under Phase II. The completion timelines of the connectivity and transmission system are within the COD timeline as per the PPA, the company said.
Following this PPA, ACME Solar's total PPA-signed portfolio now stands at 5,820 MW, with 1,240 MW of PPAs signed in the current financial year, it said.
please contact: contact@energetica-india.net.
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