ACME Solar Subsidiary Executes 190 MW Hybrid Power Purchase Agreement with SECI Limited
ACME Solar Subsidiary Executes 190 MW Hybrid Power Purchase Agreement with SECI Limited is drawing significant interest across the industry.
ACME Solar Holdings Limited's subsidiary ACME Urja One Private Limited has executed a 25-year Power Purchase Agreement with SECI Limited for a 190 MW ISTS-connected wind-solar hybrid power project with Battery Energy Storage System. The project, scheduled for commercial operation on February 27, 2028, carries a tariff of Rs. 4.72 per unit and requires minimum 50% annual Capacity Utilisation Factor with 80% daily peak power obligation. This agreement brings ACME Solar's total PPA-signed portfolio to 5,820 MW, with 1,240 MW signed in the current financial year.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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