ACME Solar Holdings Limited (“ACME Solar”), through its subsidiary ACME Urja One Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC Limited on 29 January 2026 for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) Tranche-VI project. The project will be connected to ISTS substations, and the required connectivity approvals have already been secured.
As per the agreement, the project will operate with a minimum annual Capacity Utilisation Factor (CUF) of 40%, along with a requirement to supply 90% of peak power demand for four hours each day on a monthly basis. ACME Solar will develop the project with an estimated investment of around ₹3,700 crore. Construction is being accelerated, with nearly 40% of the land requirement already acquired. The project is expected to deliver a CUF of over 60%.
Following this signing, ACME Solar’s PPA-backed portfolio has reached 5,630 MW. In addition, the company has a pipeline of 2,140 MW, where Letters of Award (LOAs) have been issued or are under process.
ACME Solar Holdings Limited is an integrated renewable energy company with capabilities across solar, wind, storage, FDRE and hybrid solutions. The company has an operational contracted capacity of 2,962 MW and under-construction contracted capacity of 4,808 MW, including approximately 16 GWh of BESS installations. Supported by in-house EPC and O&M teams, ACME Solar undertakes end-to-end project execution and plant operations, focusing on timely delivery and strong performance outcomes.
