ACME Solar, through its subsidiary ACME Renewtech Sixth, has signed a 25-year power purchase agreement (PPA) with Solar Energy Corp. of India Ltd (SECI) for 300 MW/1,200 MWh ISTS-connected assured peak power capacity.
This firm and dispatchable renewable energy (FDRE) project will connect to ISTS substations and utilize 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 during non-solar hours with minimum annual availability requirement of 85%.
ACME Solar had secured this project under SECI’s FDRE Tranche-VII tender, pursuant to the Letter of Award (LOA) dated Feb. 10, 2026. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines, with the e-reverse auction conducted on Feb. 2, 2026.
With the latest agreement, ACME Solar’s total contracted portfolio has reached 8,070 MW across solar, wind, storage, FDRE and hybrid projects. This includes 6,570 MW of PPA-signed capacity, comprising 2,990 MW operational assets and 3,580 MW under construction.
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