ACME Solar Holdings Ltd has received a Letter of Award (LOA) for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project from Tata Power. This deal is part of a larger 250 MW FDRE tender released by Tata Power-D, a key subsidiary of Tata Power. The project will help fulfill India’s growing energy demands and contribute to the nation’s renewable energy goals.
The project will combine solar power with Battery Energy Storage Systems (BESS) to ensure a steady supply, meeting a minimum annual CUF (Capacity Utilization Factor) of 40% and providing four hours of peak-hour supply with 90% availability on a monthly basis. The system will be designed, manufactured, and deployed in India, reinforcing the country’s commitment to renewable energy through local production.
The project is slated for completion within 24 months from the signing of the Power Purchase Agreement (PPA). ACME Solar is a leading renewable energy company specializing in solar, wind, energy storage, and hybrid solutions, with an operational capacity of 2,890 MW. The company has a strong in-house team for engineering, procurement, construction (EPC), and operations & maintenance (O&M), ensuring efficient project delivery and industry-leading performance.
ACME Solar Holdings Limited is a fully integrated renewable energy company operating in India, with a diverse portfolio spanning solar, wind, storage, hybrid, and Firm & Dispatchable Renewable Energy projects. Ranked among India’s top 10 independent power producers, ACME has an operational capacity of 2,890 MW and 4,080 MW under development, along with 550 MWh of standalone battery storage.
The company secures stable revenue through long-term power sales agreements with various government and private off-takers. Its in-house engineering, procurement, and construction (EPC) as well as operations and maintenance (O&M) teams enable it to maintain control over costs, schedules, and technology choices.
