ACME Solar Holdings, through its wholly-owned subsidiary, ACME Platinum Urja, has signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 200 MW solar project with 100 MW/400 MWh energy storage systems (ESS).

The agreement, executed on 24 November, 2025, comes with a tariff of Rs 3.42 per unit. The project, which is expected to be commissioned by 30 June, 2027, will supply renewable energy both during solar and peak hours. ACME Solar aims to meet an annual capacity utilisation factor (CUF) of 25-27 percent during solar hours and ensure minimum availability of 70 percent monthly and 85 percent annually during peak hours.

In July 2024, SECI granted the letter of award to ACME Solar for a total capacity of 350 MW. By October 2024, the company had already finalised a PPA for 150 MW. The current milestones now ensure that the entire project capacity is covered under the PPA. This milestone brings ACME Solar's total contracted PPA capacity to 5,380 MW, solidifying its leadership in the renewable energy sector.