ACME Solar signs 450 MW FDRE power purchase agreements with SJVN
ACME Solar Holdings Limited (ASHL) has signed two Power Purchase Agreements (PPAs) through its subsidiary, ACME Greentech Seventh Private Limited, with SJVN Limited for a total capacity of 450 MW / 1,800 MWh. The agreements were executed on March 2, 2026, and will remain valid for 25 years. The PPAs arise from the Tranche-FDRE-4 tender issued under Tariff-Based Competitive Bidding (TBCB) guidelines. An e-reverse auction for the tender took place on October 9, 2025. Following…
