ACME Solar Holdings Limited has made a voluntary disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding receipt of a Letter of Award (LOA).
Contract Details
- Awarding Entity: Solar Energy Corporation of India Limited (SECI)
- Project Type: 300 MW assured peak power project
- Tender Reference: SECI's Tender for "Selection of RE Power Developers for assured peak supply of 6,000 MWh (1,500 MW × 4 Hrs.) from ISTS Connected RE Projects in India, under Tariff Based Competitive Bidding (SECI-FDRE-IX)"
- Entity Type: Domestic entity
- Contract Nature: Letter of award
- Execution Timeline: Scheduled Commencement of Supply Date (SCSD) – 18 months from date of PPA signing
- Project Tenure: 25 years from the date of SCSD
- Financial Terms: Fixed tariff of ₹6.00 per kWh for entire PPA tenure
- Related Party Status: No interest from promoter/promoter group/group companies in SECI
- Transaction Type: Not a related party transaction