ACME Solar said its ACME Greentech Seventh unit has signed two PPAs with SJVN Ltd. for 300 MW and 150 MW of solar capacity under an FDRE project.
The company secured the capacity in SJVN’s FDRE-IV tender at a winning tariff of INR 6.75 ($0.074)/kWh for a term of 25 years. The project will provide a guaranteed peak supply of 1,800 MWh (450 MW times four hours) from renewable energy projects connected to the interstate transmission system.
In addition, ACME Solar Holdings, through its subsidiary ACME Suryodaya, has commissioned the second phase of its 285 MW/600 MWh BESS project in Jaisalmer district, Rajasthan. The newly commissioned capacity of 38 MW/82 MWh follows the first phase of 19 MW/38 MWh, which was commissioned in February.
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