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CNBC TV1819-02-2026, 11:03

ACME Arm Secures 25-Year PPA with SECI for 190 MW Hybrid Project

  • ACME Urja One Pvt Ltd, a subsidiary of ACME Solar Holdings, signed a 25-year Power Purchase Agreement (PPA) with SECI Ltd.
  • The agreement is for a 190 MW ISTS-connected wind-solar hybrid project with assured peak power supply, part of SECI’s Hybrid Tranche-VI.
  • The project, with a tariff of ₹4.72 per unit, includes a Battery Energy Storage System (BESS) and is set to begin commercial operations by February 27, 2028.
  • ACME Solar's total PPA-signed portfolio now stands at 5,820 MW, with a total renewable portfolio of 8,071 MW.
  • The project is financed by Power Finance Corporation (PFC) and aligns with ACME Solar's ambitious growth trajectory and capital expenditure plan.

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