
ACME Renewtech Fifth Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India Limited (SECI), as per the exchange filings.
The agreement covers a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project under Hybrid Tranche IX, with a tariff of ₹3.25 per unit.
The project has a Scheduled Commencement of Supply Date (SCSD) of 30 June 2028 and will remain operational under the PPA for 25 years from the commencement date.
The hybrid project will be connected to Inter-State Transmission System (ISTS) substations and will utilise ACME Solar's already secured connectivity in high-irradiation and wind-rich locations.
Under the agreement, the company will supply power at a minimum annual Capacity Utilisation Factor (CUF) of 30%.
Following the execution of the agreement, ACME Solar's PPA-signed portfolio has increased to 6,870 MW out of its total contracted portfolio of 8,070 MW.
The company also stated that the tariff for the project has already been approved and adopted by the Central and State Regulator, providing pricing certainty for the long-term power supply agreement.
ACME Solar Holdings Limited is an integrated renewable energy company with a diversified portfolio spanning solar, wind, hybrid, FDRE, storage and Battery Energy Storage Systems (BESS).
The company has a total contracted portfolio of 8,070 MW, operational contracted capacity of 2,990 MW, around 3.62 GWh of BESS capacity and 5,080 MW of contracted capacity under construction. It also has in-house EPC and Operations & Maintenance capabilities for end-to-end project execution.
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As of 21 July 2026, at 11:28 AM, ACME Solar Holdings Limited share price was trading at ₹372.50 per share, reflecting a decline of 1.34% from the previous trading session.
The latest PPA strengthens ACME Solar's contracted renewable energy portfolio while advancing the development of its 300 MW wind-solar hybrid project for SECI. The agreement also supports the company's expanding presence in utility-scale hybrid renewable energy projects across India.
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Published on: Jul 21, 2026, 12:03 PM IST

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