ACME Solar has announced that its arm ACME Greentech Seventh has signed two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project.
The company secured the capacity in SJVN’s FDRE-IV tender with a winning tariff of INR 6.75/kWh for a 25-year term. The project will provide an assured peak supply of 1,800 MWh (450 MW × 4 hours) from renewable energy projects connected to the interstate transmission system.
Separately, ACME Solar Holdings, through its subsidiary ACME Suryodaya, has commissioned the second phase of its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan. The newly commissioned capacity of 38 MW/82 MWh follows the first phase of 19 MW/38 MWh commissioned in February.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.