ACME Solar and Tata Power Sign PPA for 50 MW Firm and Dispatchable Renewable Energy Project

Written by: Team Angel OneUpdated on: 18 Oct 2025, 5:22 pm IST

ACME Solar Holdings has entered into a long-term agreement with Tata Power Company Ltd to develop a 50 MW FDRE project.

In a significant step towards advancing India’s renewable energy infrastructure, ACME Solar Holdings announced that it has signed a 25-year Power Purchase Agreement (PPA) with Tata Power Company Limited (Tata Power-D).

The project, awarded in September 2025, focuses on delivering firm and dispatchable renewable power by combining solar generation with advanced battery storage systems.

Building Reliability Through Renewable Integration

The 50 MW FDRE project is designed to ensure a consistent power supply even during peak demand hours. By incorporating Solar, Wind, and Battery Energy Storage Systems (BESS), the project can efficiently store and dispatch electricity based on demand fluctuations.

The agreement, finalised on October 16, 2025, sets the tariff at ₹4.43 per unit, ensuring a minimum annual Capacity Utilisation Factor (CUF) of 40% and 4 hours of peak-hour supply each month with 90% availability.

Expanding ACME’s Renewable Footprint

With this latest partnership, ACME Solar Holdings has expanded its cumulative signed PPAs to 600 MW of renewable capacity and 550 MWh of standalone battery energy storage projects in the current financial year.

The Gurugram-headquartered company continues to diversify its portfolio across solar, wind, hybrid, and storage segments, boasting an operational capacity of 2,890 MW.

Tata Power & ACME Solar Share Price Performance

As of October 17, 2025, Tata Power share price is closed at ₹397.35 per share, reflecting a decline of 0.41% from the previous closing price, while the ACME Solar Share price is closed at ₹277.25 per share, reflecting a decline of 1.19% from the previous closing price.

Conclusion

The collaboration between ACME Solar Holdings and Tata Power represents a major milestone in India’s renewable journey, demonstrating how innovative hybrid technologies can ensure both sustainability and stability in energy supply. The FDRE project highlights the growing potential of integrated clean energy solutions to power India’s green future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 18, 2025, 11:47 AM IST

Team Angel One

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