ACME Solar Holdings Limited, through its special purpose vehicle, has signed a long-term Power Purchase Agreement (PPA) with Tata Power Company Limited – Distribution (Tata Power-D) for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement, finalized on October 16, 2025, follows the issuance of the Letter of Award in September.
The project is structured to deliver a minimum annual Capacity Utilization Factor (CUF) of 40%, with guaranteed four-hour peak power availability each day and a monthly availability benchmark of 90%. The power will be supplied at a fixed tariff of ₹4.43 per unit. This FDRE project will integrate solar energy generation with a Battery Energy Storage System (BESS), enabling dependable, on-demand power delivery aligned with the PPA’s performance requirements. With this agreement, ACME Solar has secured PPAs for a total of 600 MW of renewable capacity and 550 MWh of standalone battery storage projects during the current financial year.
Tata Power Company Limited is one of India’s leading integrated power companies, playing a crucial role in the generation, transmission, and distribution of electricity. In the distribution segment, Tata Power has established itself as a benchmark for efficiency, reliability, and customer service.
The company distributes power to millions of consumers across key urban centers such as Mumbai, Delhi, Ajmer, and Odisha, catering to both residential and industrial customers. Through advanced technologies like smart meters, automated systems, and digital customer platforms, Tata Power aims to enhance energy efficiency and reduce transmission and distribution losses.
The company also promotes sustainability by integrating renewable energy sources into its distribution network and encouraging the adoption of green energy solutions. With a strong focus on innovation, safety, and customer satisfaction, Tata Power Distribution continues to contribute significantly to India’s evolving power sector.
ACME Solar is a prominent renewable energy company with a diverse portfolio across solar, wind, energy storage, firm-dispatchable renewable energy, and hybrid solutions. The company operates 2,890 MW of capacity and manages end-to-end project development, engineering, procurement, construction (EPC), and operations & maintenance (O&M) in-house. This integrated approach enables timely, cost-efficient project delivery while maintaining industry-leading operational efficiency and margins.
