ACME Solar Holdings Limited has received a letter of award (LoA) from Solar Energy Corporation of India Limited (SECI) for setting up a 301 MW assured peak supply firm and dispatchable renewable energy (FDRE) project under SECI’s FDRE Tranche VII.
The project has been awarded at a tariff of Rs 6.28 per unit, with a scheduled commercial operation date of 24 months from signing of the power purchase agreement (PPA) and a tenure of 25 years from the date of PPA execution.