Renewable energy firm ACME Solar Holdings has signed a power purchase agreement (PPA) with state-owned company NHPC for a project of 680 MW capacity.
ACME Solar was awarded the project under the Firm and Dispatchable Renewable Energy (FDRE) tender of 1,400 MW issued by NHPC, as per a company statement.

The project will be developed across multiple locations, including Gujarat, Madhya Pradesh, Karnataka and Rajasthan, the statement added.

This innovative project combines advanced technology with hybrid renewable energy solutions to enhance efficiency and sustainability.

The power purchase agreement with NHPC, according to the company, reinforces its commitment to India's clean energy goals by integrating solar, wind, and battery storage.

ACME Solar Holdings Limited is a renewable energy company in India with a diversified portfolio across solar, wind, hybrid and FDRE projects.