ACME Solar Signs 25-Year PPA With NHPC For 250 MW Renewable Energy 

By BasisPoint Insight

June 23, 2025 at 9:21 AM IST

ACME Solar Holdings Ltd. on Friday said it signed a 25-year power purchase agreement with NHPC Ltd. for a 250-megawatt firm and dispatchable renewable energy project in Rajasthan at a tariff of ₹4.56/kWh.

The project, with a minimum annual CUF of 40% and designed to meet 90% of four-hour daily peak demand, is connected to an inter-state transmission system. With this deal, ACME's signed PPA portfolio rises to 5.13 GW, of which 2.83 GW is operational.