280 MW Firm & Dispatchable Renewable Energy Project
Sector: Solar • Location: India
Source: Business Standard
ACME Hybrid Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured Rs 3,184 crore in long-term financing from REC for a 280 MW Firm & Dispatchable Renewable Energy (FDRE) project contracted with NHPC. The project combines solar and Battery Energy Storage System (BESS) technologies to ensure higher predictability and dispatchability, with a 25-year Power Purchase Agreement at a tariff
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Participants
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Status
Original status | awarded |
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Available timestamps | 00-00-0000 |
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Description
Description | ACME Hybrid Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured Rs 3,184 crore in long-term financing from REC for a 280 MW Firm & Dispatchable Renewable Energy (FDRE) project contracted with NHPC. The project combines solar and Battery Energy Storage System (BESS) technologies to ensure higher predictability and dispatchability, with a 25-year Power Purchase Agreement at a tariff of Rs 4.64 per unit. It is designed to meet a minimum annual CUF of 40% and peak hours availability of 90% monthly, contributing to reducing greenhouse gas emissions and supporting India's energy transition goals. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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