ACME Greentech Twenty Secures 25-Year PPA With SECI For 300 MW Assured Peak Supply

Solar Energy Corporation of India Limited has entered into a Power Purchase Agreement with ACME Greentech Twenty Private Limited, the wholly owned subsidiary of ACME Solar Holdings Limited, covering a 300 MW assured peak power project.

SECI Contract Finalised Under FDRE Tranche IX

The contract was executed under SECI's Firm and Dispatchable Renewable Energy (FDRE) Tranche IX tender framework, according to the disclosure made by ACME Solar Holdings Limited on October 19, 2026.

Under the FDRE structure, SECI procures renewable energy capacity that can be delivered on a firm and dispatchable basis rather than as intermittent output. The 300 MW project described in the announcement is characterized as an assured peak power supply arrangement within that framework, and the signing forms part of the parent company's stated efforts to expand its renewable energy portfolio.

Delivery Begins April 6, 2028

Electricity supply from the project is scheduled to commence on April 6, 2028. From that date, the 25-year term of the Power Purchase Agreement will run, keeping the offtake arrangement in effect between ACME Greentech Twenty Private Limited and SECI.

Tariff And Term Define The Commercial Terms

The project will sell power at a fixed tariff of USD 0.06 per unit. That rate applies for the duration of the agreement, which remains effective for 25 years from the scheduled commencement of power supply.

Together, the tariff and the quarter-century term constitute the core commercial terms disclosed by ACME Solar Holdings Limited, providing a long-duration contractual framework for the offtake between the subsidiary and the government-backed buyer.

Who The Parties Are

The signing entity, ACME Greentech Twenty Private Limited, is wholly owned by ACME Solar Holdings Limited. The counterparty, Solar Energy Corporation of India Limited, is the purchaser under the agreement and the authority whose Tranche IX FDRE tender formed the basis of the contract. Both roles were confirmed in the announcement issued by the parent company on October 19, 2026.

The Facts Confirmed In The Announcement

The disclosure establishes the following points. ACME Greentech Twenty Private Limited signed the agreement in its capacity as a wholly owned subsidiary of ACME Solar Holdings Limited. The contract covers 300 MW of assured peak power capacity.

Execution took place under FDRE Tranche IX. The offtaker is Solar Energy Corporation of India Limited. The tariff stands at USD 0.06 per unit, and the PPA remains in force for 25 years beginning from the scheduled start of power supply, which is set for April 6, 2028.

What The Announcement Does Not Cover

Details concerning the project's location, its technology mix, or construction timelines were not included in the source material, and no such information can be drawn from the disclosure.

The Road Ahead For The 300 MW Project

With the agreement now executed, the next disclosed milestone for the project is the scheduled commencement of electricity supply on April 6, 2028. On that date, the 25-year contractual term with SECI begins, locking in the USD 0.06 per unit tariff for the duration of the arrangement. The addition of this 300 MW assured peak power capacity under FDRE Tranche IX extends the portfolio of ACME Solar Holdings Limited in line with its announced expansion plans.