ACME Solar Wins 300 MW SECI Assured Peak Power Project at ₹6 per kWh for 25 Years
ACME Solar Holdings Limited has secured a significant renewable-energy project from the Solar Energy Corporation of India Limited (SECI), strengthening its portfolio of long-term contracted renewable power projects.
The company informed the stock exchanges on August 28, 2026, that it has received a Letter of Award (LOA) from SECI for 300 MW of contracted capacity under SECI’s 6,000 MWh Assured Peak Power Tender (1,500 MW × 4 Hours), known as SECI-FDRE-IX.
The project carries a tariff of ₹6.00 per kWh for the entire Power Purchase Agreement (PPA) tenure, with a project tenure of 25 years from the Scheduled Commencement of Supply Date (SCSD).
ACME Solar 300 MW Order: Key Details
According to the company’s regulatory filing, the key terms of the award are:
- Company: ACME Solar Holdings Limited
- Awarding entity: Solar Energy Corporation of India Limited (SECI)
- Contracted capacity: 300 MW
- Tender: SECI-FDRE-IX
- Project: Assured Peak Power from ISTS-connected renewable-energy projects
- Tariff: ₹6.00 per kWh
- PPA tenure: 25 years
- Scheduled Commencement of Supply Date: 18 months from the date of PPA signing
- Nature of award: Letter of Award
- Entity: Domestic
- Promoter/group interest in awarding entity: No
- Related-party transaction: No
ACME Solar Secures 300 MW Assured Peak Power Project
The latest LOA was awarded under SECI’s tender for the selection of renewable-energy power developers for assured peak supply of 6,000 MWh (1,500 MW × 4 hours) from ISTS-connected renewable-energy projects in India.
ACME Solar has secured 300 MW of contracted capacity under the tender.
The assured peak-power structure is important because it aims to provide renewable electricity during specified peak-demand periods rather than relying solely on power availability during renewable-generation hours.
This makes the project strategically different from a conventional standalone solar-power project.
₹6 Per kWh Tariff for 25 Years
One of the most important details in the announcement is the disclosed tariff.
ACME Solar will supply power at a tariff of:
₹6.00 per kWh
The tariff applies for the entire PPA tenure.
The project tenure is 25 years from the Scheduled Commencement of Supply Date.
For investors, the long-term PPA provides visibility into the contracted tariff over a substantial period, although the project’s ultimate profitability will depend on generation, storage requirements, financing costs, operating expenses and other contractual conditions.
Project Supply to Begin 18 Months After PPA Signing
The company’s filing states that the Scheduled Commencement of Supply Date is 18 months from the date of signing of the PPA.
This means the immediate focus will be on execution and completion of the project infrastructure within the required timeline.
Investors should therefore monitor subsequent disclosures regarding PPA signing, project development, financing, construction and commissioning.
Why Assured Peak Power Is Important
Renewable energy generation is inherently variable.
Solar power generation is concentrated during daylight hours, while electricity demand can remain high during evening and other peak periods.
Assured peak-power projects are designed to address this challenge by combining renewable generation and appropriate project configurations to provide power during designated peak periods.
Energy storage can play an important role in such projects by helping shift renewable electricity from generation periods to periods of higher demand.
This makes the assured peak-power segment an important growth opportunity within India’s renewable-energy transition.
ACME Solar’s Strategic Opportunity
The latest project strengthens ACME Solar’s position in India’s growing market for firm and dispatchable renewable power.
The company now has exposure to a project structure that combines:
Renewable Energy + Peak Power Supply + Long-Term PPA
This is strategically important as India’s power system requires increasing amounts of renewable electricity while maintaining grid reliability.
The project also adds another long-term contracted opportunity to ACME Solar’s portfolio.
What Does the ₹6 Tariff Mean for Investors?
The disclosed tariff of ₹6 per kWh is an important commercial detail.
However, investors should avoid calculating a simple total contract value by multiplying:
300 MW × ₹6 × 25 years
Such a calculation would not accurately represent the project’s revenue because MW represents capacity, while the tariff is charged per unit of electricity actually supplied under the contractual arrangements.
The actual revenue will depend on the quantity of electricity supplied, the assured peak-power requirements, project availability and the specific terms of the PPA.
Therefore, the ₹6/kWh tariff should be viewed as the contracted power tariff, not as the order value.
ACME Solar Order: Potential Investor Impact
The announcement is positive from a project pipeline and long-term contracted business perspective.
The 300 MW award increases ACME Solar’s contracted capacity and strengthens its position in the assured renewable-power segment.
The ₹6/kWh tariff and 25-year PPA are also important because they provide greater visibility into the project’s contracted commercial framework.
However, investors should remember that an LOA is not the same as immediate revenue recognition.
The project must still progress through PPA signing, financing, development, construction and commissioning before it can begin supplying electricity.
Key Risks and Factors to Monitor
While the project is strategically positive, investors should monitor several factors before assessing its potential earnings impact.
These include:
- PPA signing and contractual conditions
- Project financing
- Construction and commissioning timelines
- Renewable-energy generation performance
- Energy-storage requirements
- Capital expenditure
- Interest costs
- Operating expenses
- Regulatory changes
- Availability and performance obligations under the PPA
The actual financial contribution will depend on successful execution and the economics of the project.
ACME Solar vs Conventional Solar Projects
The latest award highlights the industry’s shift from conventional renewable generation toward firm renewable power.
A traditional solar project primarily generates electricity when sunlight is available.
An assured peak-power project, on the other hand, is designed around meeting specified power-supply requirements during peak periods.
This transition could increase the importance of technologies such as:
- Battery Energy Storage Systems
- Hybrid renewable projects
- Solar-plus-storage projects
- Wind-solar hybrid projects
- Pumped-storage solutions
For ACME Solar, participation in this segment could help diversify its renewable-energy project portfolio.
Point to consider
Investors tracking ACMESOLAR shares should watch for subsequent company announcements covering:
- PPA signing
- Project financing
- Project location and configuration
- Renewable-generation capacity supporting the contracted supply
- Energy-storage requirements
- Construction progress
- Commissioning
- Revenue recognition
- Capital expenditure
- Impact on the company’s overall project portfolio
These developments will provide greater clarity about the project’s financial contribution.
Summary
ACME Solar Holdings has secured a 300 MW assured peak-power project from SECI under the SECI-FDRE-IX tender.
The project carries a ₹6.00 per kWh tariff for the entire PPA tenure and has a 25-year project tenure from the Scheduled Commencement of Supply Date.
The SCSD is scheduled for 18 months from the date of PPA signing.
The award is strategically important because it places ACME Solar in the growing market for assured and peak-period renewable power, where energy storage and other technologies can help address the intermittent nature of renewable generation.
For investors, the combination of 300 MW contracted capacity, ₹6/kWh tariff and 25-year PPA makes this a significant project win.
However, the ₹6/kWh tariff should not be treated as the total order value, and the eventual financial impact will depend on the project’s configuration, execution, capital costs, financing and actual electricity supplied under the PPA.
Disclaimer
This article is intended for informational and educational purposes only and should not be considered investment, financial, legal or tax advice, or a recommendation to buy or sell shares of ACME Solar Holdings Limited.
The article is based on the company’s regulatory disclosure dated August 28, 2026. The disclosed ₹6.00 per kWh tariff represents the contracted power tariff and should not be interpreted as the total monetary value of the project.
The actual financial impact of the award will depend on the project’s configuration, power generation, storage arrangements, capital expenditure, financing costs, operating expenses, execution, and other contractual conditions.
Investors should conduct their own research and review the complete official disclosures before making any investment decision. Investors seeking personalised advice should consult a SEBI-registered investment adviser.