ACME Solar subsidiary signs 300 MW PPA with SECI at Rs 6 per unit
ACMESOLAR · price
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ACME Greentech Twenty Pvt Ltd, a wholly owned subsidiary of ACME Solar Holdings, has executed a Power Purchase Agreement with SECI Limited for a 300 MW assured Peak Power project under FDRE Tranche IX at a tariff of Rs 6.00 per unit. Supply is scheduled to commence on April 6, 2028, with a 25-year project tenure. SECI is a government entity under the Ministry of New and Renewable Energy. The order is domestic and not a related party transaction.
Adds 300 MW long-term revenue visibility via 25-year PPA with government-backed counterparty SECI, supporting capacity build-out plans.