ACME Solar Powers Up with NHPC, Signs 680 MW PPA For FDRE Project

ACME Solar Holdings Limited, a leading player in renewable energy, is excited to announce that it has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 680 MW Firm & Dispatchable Renewable Energy (FDRE) project. This is a major step forward in ACME Solar’s mission to help India transition to clean energy.

The project was awarded to ACME Solar as part of NHPC’s FDRE tender for 1400 MW. It will be developed at multiple sites across Gujarat, Madhya Pradesh, Karnataka, and Rajasthan. This project uses advanced technology and a mix of solar, wind, and battery storage solutions to improve energy efficiency and sustainability. The PPA highlights ACME Solar’s dedication to India’s clean energy goals and sets a new standard for hybrid energy systems.

With a commitment to maintaining a minimum annual capacity utilization factor (CUF) of 40% and delivering 90% of the promised output during peak hours, the project will make a significant contribution to cutting down greenhouse gas emissions. This achievement further strengthens ACME Solar’s position as a key contributor to India’s renewable energy goals, reinforcing its leadership in the sector.