ACME Solar subsidiary signs 250 MW FDRE PPA with NHPC at Rs 4.33/unit
ACMESOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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ACME Solar's wholly-owned subsidiary ACME Urja One has signed a 25-year Power Purchase Agreement (PPA) with government-owned NHPC Limited to set up a 250 MW FDRE (Firm and Dispatchable Renewable Energy) project at a tariff of Rs 4.33 per unit. Scheduled commercial operation date is 30 June 2027. Domestic order with no related party interest disclosed.
Positive for visible revenue pipeline. Adds 250 MW at a fixed tariff over 25 years, with commissioning targeted by mid-2027.