New Delhi – ACME Solar Holdings Limited, a leader in renewable energy, is delighted to announce the signing of a Power Purchase Agreement (PPA) with NHPC Limited for a Firm & Dispatchable Renewable Energy (FDRE) project of 680 MW capacity. This marks a significant milestone in ACME Solar’s journey to accelerate India’s transition to clean energy.
ACME Solar was awarded the project under the FDRE tender of 1400 MW issued by NHPC. The project will be developed across multiple locations, including Gujarat, Madhya Pradesh, Karnataka and Rajasthan. This innovative project combines advanced technology with hybrid renewable energy solutions to enhance efficiency and sustainability. The PPA with NHPC reinforces ACME Solar’s commitment to India’s clean energy goals by integrating solar, wind, and battery storage, setting a new benchmark for hybrid energy systems and contributing to a greener future
With a minimum annual (CUF) guarantee of 40% and a requirement to meet 90% of the promised value during peak hours, the project will contribute significantly to reducing greenhouse gas (GHG) emissions.
ACME Solar’s continued success in renewable energy underscores its role as a key contributor to achieving India’s energy goals, reaffirming its leadership in the sector.
About ACME Solar:
ACME Solar Holdings Limited is a renewable energy company in India with a diversified portfolio across solar, wind, hybrid and FDRE projects. The company is one of the top 10 renewable energy independent power producer in India with an operational capacity of 2,540 MW and under construction capacity of 4,430 MW.
