ACME Solar Expands Renewable Portfolio with 28 MW Wind Power Project in Gujarat

ACME Solar Holdings Limited (ACME Solar) has taken a significant step in expanding its renewable energy portfolio by commissioning the first phase of a 28 MW wind power project in Surendaranagar, Gujarat. This development marks an important milestone in the company's commitment to clean energy and its contribution to India's renewable energy goals.

Project Details

The newly commissioned 28 MW wind power project is part of a larger 100 MW capacity planned by ACME Eco Clean Energy Private Limited, a subsidiary of ACME Solar. The project is strategically located in one of India's regions with the highest wind resources, positioning it as a valuable asset in the company's renewable energy portfolio.

Key Highlights

Aspect	Details
Project Location	Villages: Titoda, Garambhadi, Dhandhalpur, and Karadi, Dist: Surendaranagar, Gujarat
Total Planned Capacity	100 MW
First Phase Capacity	28 MW
Turbine Supplier	SANY (4 MW turbines)
Financing	Power Finance Corporation (PFC)
Construction	In-house EPC
Power Purchase Agreement	25-year agreement with Gujarat Urja Vikas Nigam Limited
ACME Solar's New Total Operational Capacity	2,918 MW

Project Implementation

The project's commissioning was witnessed and confirmed by officials from the Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company Limited (PGVCL). A formal certification is expected to be issued shortly.

The clean energy generated from this project will be pooled at a 33/220 kV pooling station and stepped up for evacuation to the Shapar sub-station using a dedicated single circuit 220 kV transmission line. This project will share the sub-station infrastructure with ACME Solar's previously commissioned 50 MW wind power project at the same location.

ACME Solar's Growing Portfolio

This new wind power project adds to ACME Solar's diverse renewable energy portfolio, which includes solar, wind, storage, and hybrid solutions. The company's integrated approach, featuring in-house EPC (Engineering, Procurement, and Construction) and O&M (Operations and Maintenance) divisions, allows for efficient project delivery and operation.

ACME Solar's commitment to renewable energy is further evidenced by its recent activities in the sector. The company signed a 25-year Power Purchase Agreement with Tata Power Company Limited for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. This project, combining solar and battery energy storage systems, was awarded at a tariff of INR 4.43 per unit.

As the renewable energy sector in India continues to grow, ACME Solar's expanding portfolio and strategic projects position it as a key player in the country's transition to clean energy sources.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.32%	-2.84%	-9.98%	+36.03%	+9.38%	+9.38%

ACME Solar Holdings Limited has taken a significant step forward in its renewable energy portfolio by signing a 25-year Power Purchase Agreement (PPA) with Tata Power Company Limited. The agreement, inked on October 16, 2025, is for a 50 MW Firm and Dispatchable Renewable Energy (FDRE) project, marking a notable development in India's renewable energy sector.

Key Details of the Agreement

Parameter	Details
Agreement Type	Power Purchase Agreement (PPA)
Duration	25 years
Project Capacity	50 MW
Tariff	INR 4.43 per unit
Minimum Annual CUF	40%
Peak-hour Supply	4 hours
Monthly Availability	90%

The project, which received its Letter of Award in September 2025, will integrate multiple renewable energy technologies, including solar and Battery Energy Storage System (BESS). This combination aims to meet the supply obligations as outlined in the PPA, showcasing ACME Solar's commitment to innovative and sustainable energy solutions.

ACME Solar's Growing Portfolio

With this latest agreement, ACME Solar has significantly expanded its renewable energy footprint. The company reports:

Signed PPAs for a cumulative capacity of 600 MW in the current financial year
Secured 550 MWh of standalone battery storage projects
An operational capacity of 2,890 MW across various renewable energy solutions

Company Overview

ACME Solar Holdings Limited positions itself as a leading integrated renewable energy player. The company's diverse portfolio encompasses:

Solar energy
Wind energy
Energy storage solutions
Firm and Dispatchable Renewable Energy (FDRE)
Hybrid solutions

ACME Solar's in-house EPC (Engineering, Procurement, and Construction) and O&M (Operations and Maintenance) divisions enable end-to-end development and maintenance of their plants. This integrated approach allows for time and cost-effective project delivery while maintaining high operating performance.

Looking Ahead

The renewable energy sector in India continues to show promising growth, with companies like ACME Solar at the forefront of innovation and expansion. As the demand for clean energy solutions rises, such long-term agreements between major players in the industry are likely to play a crucial role in shaping the country's energy landscape.

The company's next financial results, for the quarter and half-year ended September 30, 2025, are scheduled to be reviewed in a board meeting on November 3, 2025, which may provide further insights into the company's growth trajectory.