ACME Solar Holdings Limited has secured a landmark Letter of Award (LOA) from Solar Energy Corporation of India Limited (SECI) for a 300 MW contracted capacity under the 6,000 MWh FDRE-IX tender. Featuring a fixed tariff of ₹6.00/kWh over a 25-year tenure, the project significantly accelerates ACME’s transition toward high-margin, firm, and dispatchable peak renewable ***** this project is projected to generate roughly ₹600 crore in recurring annual revenue, yielding an EBITDA contribution of ₹450–₹480 crore per year once fully operational in FY29. The sovereign-backed SECI agreement minimizes counterparty default and payment delay risks, securing predictable long-term cash flow visibility. Although the lack of inflation escalation in the tariff requires disciplined long-term operational management, the premium over traditional solar tariffs validates ACME's technological capability in grid-scale energy storage integration. Overall, this win reinforces ACME's competitive positioning in India’s evolving energy transition market, making it a strong long-term growth driver for shareholders.

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