ACME Solar Holdings has executed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW/1200 MWh capacity under the Firm and Dispatchable Renewable Energy (FDRE) Tranche VII – Assured Peak Power Project. The agreement was signed through the company's wholly-owned subsidiary, ACME Renewtech Sixth Private Limited, securing a tariff of ₹6.28 per unit for a project tenure of 25 years. The Scheduled Commencement of Supply Date (SCSD) is set for May 28, 2028. This development raises the company's PPA-signed portfolio to 6,570 MW out of a total contracted portfolio of 8,070 MW.

The project was awarded under SECI's FDRE Tranche-VII tender, following a Letter of Award (LOA) dated February 10, 2026. The tender was conducted under Tariff-Based Competitive Bidding (TBCB) guidelines, with an e-reverse auction held on February 02, 2026. The executed PPA covers a contracted capacity of 300 MW, a reduction from the 301 MW capacity initially referenced in the LOA — a change mutually agreed upon for the optimisation of project configuration and implementation.

Key Project Details

The following table outlines the significant terms of the agreement:

The FDRE project will be connected to Inter-State Transmission System (ISTS) substations and will utilise ACME Solar's existing night-time connectivity available at high irradiation zones. Under the PPA, the company will supply four hours of assured peak power exclusively during non-solar hours, with a minimum annual availability requirement of 85%.

Company Portfolio Overview

ACME Solar Holdings is an integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE, and hybrid solutions. The table below summarises the company's current capacity position:

With this PPA, ACME Solar continues to expand its dispatchable renewable energy commitments, reinforcing its position as a key participant in India's clean energy transition through firm and peak-hour power supply obligations.

acme solar holdings has announced that its officials will participate in a series of interactions with investors and analysts later this month. The meetings are scheduled to take place in Mumbai and London, providing an opportunity for stakeholders to engage with the company's management.

Schedule of Meetings

The company has outlined a specific itinerary for the upcoming interactions. The first session is set for May 25, 2026, in Mumbai, followed by engagements in London on May 26 and May 27, 2026. The format of these meetings varies, including one-on-one physical meetings as well as group sessions that can be attended either physically or virtually.

Investor Presentation and Guidelines

The investor presentation for these meetings has been made available on the company's official website. ACME Solar Holdings Limited noted that the schedule for these meetings remains subject to change due to potential exigencies on the part of the investors or the company.

Crucially, the company clarified that no unpublished price-sensitive information relating to ACME Solar Holdings Limited will be disclosed during these interactions with analysts and institutional investors. This disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.