ACME Solar Holdings Limited, through its subsidiary ACME Urja One Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC Limited, a AAA-rated Central Government enterprise, on 29 January 2026 for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) Tranche-VI project.

The project will be connected to Inter-State Transmission System (ISTS) substations, with connectivity approvals already secured. Under the agreement, the project will operate with a minimum annual Capacity Utilisation Factor (CUF) of 40% and will be required to meet 90% of peak power demand for four hours daily on a monthly basis.

ACME Solar plans to develop the project with a capital investment of approximately ?3,700 crore. Construction is being fast-tracked, and nearly 40% of the required land has already been acquired. The project is expected to achieve a CUF of over 60%.

With the signing of this PPA, ACME Solar’s total PPA-backed portfolio has increased to 5,630 MW, supported by a robust pipeline of 2,140 MW, for which Letters of Award (LOAs) have either been received or are awaited.