New Delhi, March 12 Acme Solar Holdings announced on Thursday that its subsidiary, ACME Greentech Seventh Pvt Ltd, has signed two power purchase agreements (PPAs) with SJVN Ltd to supply 450 MW under a Firm and Dispatchable Renewable Energy (FDRE) Power Project.
The PPAs were signed on March 2, the company said in a statement.
The tender (Tranche-FDRE-4) was issued under the tariff-based competitive bidding (TBCB) guidelines, for which an e-reverse auction was held on October 9, 2025, and the letter of award was received on November 10, 2025.
The projects will be connected to ISTS substations and will utilize ACME Solar's nighttime connectivity in high-irradiation zones in Rajasthan.
Under the PPAs, ACME Solar will supply four hours of assured peak power supply during non-solar hours with 90 per cent availability on a monthly and annual basis.
Following this PPA, ACME Solar has signed 1,690 MW of PPAs in the current financial year, bringing the total PPA signed capacity to 6,270 MW.
