ACME subsidiary signs 450 MW FDRE PPAs with SJVN

ACME Solar Holdings Limited has announced that its wholly owned subsidiary, ACME Greentech Seventh Private Limited, has executed two power purchase agreements (PPAs) with SJVN Limited for firm and dispatchable renewable energy (FDRE) capacity aggregating 450 MW.

The PPAs cover contract capacities of 300 MW and 150 MW under a domestic project. The scheduled commencement of supply with a project tenure of 25 years from the SCSD, and the contracted tariff is Rs 6.74 per unit.