ACME Solar Holdings Limited announces the signing of a Power Purchase Agreement (PPA) with NHPC Limited for a 680 MW Firm & Dispatchable Renewable Energy (FDRE) project.
Awarded through NHPC’s 1400 MW FDRE tender, the project will be developed across Gujarat, Madhya Pradesh, Karnataka, and Rajasthan. It combines solar, wind, and battery storage technologies to boost efficiency and sustainability.
With a guaranteed annual Capacity Utilization Factor (CUF) of 40% and a requirement to meet 90% of capacity during peak hours, the project will also help reduce greenhouse gas emissions and set a new benchmark for hybrid energy systems in India.
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