ACME Solar signs PPA with SECI for 200 MW solar ESS project
Author: PPD Team Date: November 26, 2025
Author: PPD Team Date: November 26, 2025
ACME Solar Holdings Limited has reported that its subsidiary ACME Platinum Urja Private Limited has entered into a PPA with SECI Limited for a 200 MW solar project paired with an ESS. Â
ACME Solar stated that the agreement covers a 200 MW solar unit with storage. SECI will purchase power at a tariff of Rs 3.42 per kWh. The project will supply renewable energy during solar hours and during peak periods, based on the buying entity’s schedule. The PPA will remain in force for 25 years from the signing date. The SCOD is June 30 2027.
The company added that the PPA was signed on November 24, 2025 after the Central Regulator adopted the tariff and the State Regulator cleared the power procurement. The new contract completes the 350 MW capacity awarded to ACME Solar by SECI in July 2024. A 150 MW PPA from the same award was executed in October 2024.
ACME Solar has now signed PPAs covering 5.38 GW. Its operational contracted portfolio is 2,934 MW, and 4,456 MW is under construction.
Author: PPD Team Date: November 7, 2024 Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s green vision. This initiative aligns with Andhra Pradesh’s target of 72 GW in renewable capacity by 2030, providing a foundation for sustainable industrial growth in the region. Pratik Agarwal, Chairman of Serentica Renewables, emphasized the state’s renewable potential, stating,…
Author: PPD Team Date: October 28, 2024 Cadiz has partnered with RIC Energy to build a green hydrogen facility at Cadiz Ranch in California’s Mojave Desert, where Cadiz will supply land and water resources to support RIC Energy’s solar-powered hydrogen production. The facility aims to generate 100% green hydrogen, targeting distribution across Southern California for zero-emission vehicles and power generation. The project plans to operate entirely off-grid, with photovoltaic (PV) solar installations covering up to…
Author: PPD Team Date: February 21, 2025 China’s clean energy investments in 2024 totalled 6.8 trillion yuan ($940 billion), approaching the $1.12 trillion global investment in fossil fuels, according to a new analysis by UK-based Carbon Brief. Despite a slowdown in growth from 40% in 2023 to 7% in 2024, Reuters reports that China’s clean energy sector remains a key economic driver. More than half of China’s clean energy investments came from its electric vehicle,…
Author: PPD Team Date: November 21, 2024 Damodar Valley Corporation (DVC) has entered into power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply a total of 559 MW of electricity. This includes 359 MW from the 800 MW Durgapur Thermal Power Expansion Project in West Bengal and 200 MW from the 2×800 MW Koderma Thermal Power Expansion Project in Jharkhand. The Durgapur project, situated in Bardhaman district, is an expansion of…
Author: PPD Team Date: April 15, 2026 NCL Industries Limited has approved a 130 MW renewable energy project combining solar and wind generation in Tuticorin, Tamil Nadu. The decision was taken at the company’s board meeting held on April 13, 2026. The project will be implemented in phases. Phase 1, comprising 50 MW, has been approved with an investment of Rs 392 crores, to be funded through a mix of debt and internal accruals. The…
Author: PPD Team Date: December 23, 2025 The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum clarifying the applicability of the Approved List of Models and Manufacturers (ALMM) for projects under its Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme. The memorandum, dated December 19, 2025, responds to industry representations seeking clarity on procurement requirements for renewable power projects dedicated to green hydrogen and green ammonia production under SIGHT Mode 2A…