Reportedly, ACME Platinum Urja Private Limited, special purpose vehicle of ACME Solar Holdings, has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for supplying power from its 150 MW hybrid solar project.
The project will be connected to the Tumkur-II substation in Karnataka. This 150 MW project is part of the total 350 MW capacity awarded to ACME Solar by SECI. Additionally, the project will connect to an inter-state transmission system, and the company has already applied for connectivity with the central transmission utility.