Mumbai, June 25 -- Acme Solar Holdings said that it's wholly owned subsidiary, ACME Sikar Solar has secured a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 300 MW capacity in Rajasthan at a fixed tariff of Rs 3.05 per kWh (kilowatt-hour).

This achievement follows the successful commissioning of ACME Sikar's 300 MW capacity on 23 June 2025.

The winning bid was secured under SECI ISTS XVIII Tranche, with the tariff formally adopted by the Central Electricity Regulatory Commission (CERC) on 30 May 2025. As per the terms of the agreement, the project is required to supply power on or before 30 June 2025.

The project also qualifies for an inter-state transmission system (ISTS) charges waiver, a...