ACME Solar Holdings Limited has made a voluntary disclosure pursuant to Regulation 30 of the SEBI Listing Regulations regarding the execution of a Power Purchase Agreement (PPA).
Contract Details
ACME Marigold Urja Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has executed a Power Purchase Agreement with NTPC Limited for a Firm and dispatchable Renewable Energy (FDRE) power project.
Key Contract Terms
- Contract Capacity: 400 MW under NTPC's FDRE Tranche 01
- Counterparty: NTPC Limited (domestic entity)
- Agreement Type: Power Purchase Agreement
- Project Type: Firm and dispatchable Renewable Energy
- Tariff: Fixed at ₹4.37 per unit
- Scheduled Commencement of Supply Date (SCSD): June 30, 2028
- Project Tenure: 25 years from the date of SCSD
Transaction Structure
- Domestic/International: Domestic transaction
- Related Party Status: Not a related party transaction
- Promoter Interest: No interest of promoter/promoter group/group companies in NTPC Limited
- Arm's Length: Transaction conducted at arm's length basis