ACME Solar Holdings Limited has taken a major step forward in the renewable energy sector by signing a 25-year Power Purchase Agreement (PPA) with Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement, finalized on October 16, 2025, follows the Letter of Award received in September 2025.
The PPA has been signed at a tariff of ₹4.43 per unit, with a minimum annual Capacity Utilization Factor (CUF) of 40% and a commitment to supply four hours of peak-hour power with 90% monthly availability. This innovative project will integrate multiple renewable energy technologies, including solar power and a Battery Energy Storage System (BESS), ensuring consistent and reliable green energy delivery.
With this development, ACME Solar has now signed PPAs for a total capacity of 600 MW and 550 MWh of standalone BESS projects in the current financial year, reinforcing its position as one of India’s leading players in the renewable energy and energy storage segment.