ACME Solar Holdings Limited (“ACME Solar”) through its SPV has signed a 25 years Power Purchase Agreement (PPA) with the Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project on 16 October 2025. The Letter of Award for the project was awarded in September 2025.
The PPA has been signed at a tariff of INR 4.43 per unit for a minimum annual Capacity Utilization Factor (CUF) of 40% and four hours of peak-hour supply with 90% availability on a monthly basis. This project would combine multiple renewable energy technologies including Solar and Battery Energy Storage System (BESS) to meet the supply obligations as per the PPA. With this milestone, the company has signed PPAs for a cumulative capacity of 600 MW and 550 MWh of standalone BESS projects in this financial year till date.
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