ACME Signs 25-Year PPA For 200 MW Solar-Storage Project

01 Dec 2025 CW Team

ACME Solar Holdings has secured a twenty-five-year power purchase agreement (PPA) with SECI Ltd for its 200 MW solar project with a 100 MW/400 MWh energy storage system, at a tariff of Rs 3.42 per kWh. The PPA was signed through its wholly owned subsidiary, ACME Platinum Urja, following tariff adoption by the central regulator and power procurement approval by the state regulator.

SECI had awarded ACME Solar a cumulative 350 MW capacity in July 2024. Of this, the PPA for 150 MW was executed in October 2024. The latest agreement brings the entire project capacity under binding PPA.

Under the terms, ACME Solar must supply power with an annual Capacity Utilisation Factor (CUF) of twenty-five to twenty-seven per cent during solar hours. The company must also ensure a minimum availability of seventy per cent on a monthly basis and eighty-five per cent annually during evening peak hours.

The project is scheduled for commissioning by June 2027, supported by the final grant of connectivity already secured.

With this milestone, ACME Solar has cumulatively signed PPAs covering 800 MW of contracted capacity — including 2,320 MWh of battery energy storage — in the current financial year. This takes ACME Solar’s total PPA-signed capacity to 5,380 MW.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..