AI Summary

ACME Marigold Urja, a wholly owned subsidiary of ACME Solar Holdings, has signed a long‑term power purchase agreement with NTPC Ltd for a 400 MW firm and dispatchable renewable energy (FDRE) project. The agreement was awarded under NTPC’s FDRE Tranche‑I tender, which seeks generators to provide 1,200 MW of firm, dispatchable power from interstate‑transmission‑system‑connected renewable sites anywhere in India. The PPA secures the project’s development and delivery of the agreed capacity under the tender’s assured peak‑power supply framework.

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