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

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..