A 400-megawatt promise in India: clean power that must show up when called
Solar and wind have one weakness: the weather decides when they work. So India's newest big clean-power deal is for the firm kind — power guaranteed at peak hours. ACME Marigold Urja has signed a 25-year agreement to supply 400 megawatts of firm, dispatchable renewable energy to state utility NTPC at ₹4.37 (about $0.05) per unit, starting 30 June 2028. The project, awarded under a 1,200-megawatt national tender, will be built, owned and run by ACME — and it has to deliver when the grid calls, not just when the sun shines.
The upbeat factorclean energy is growing up — this contract pays for reliability, the quality that lets a grid retire fossil backup with confidence.
SDG 7 · Affordable and clean energy — Mechanism: funding & finance
Explore:
Daily Life