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.
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