ACME Solar commissions 33.333 MW BESS capacity in Rajasthan

1 min read     Updated on 02 Jun 2026, 01:29 AM
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Reviewed by
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AI Summary

ACME Solar Holdings, through its subsidiary ACME Sun Power Private Limited, commissioned an additional 33.333 MW/160.512 MWh capacity at its BESS project in Rajasthan on June 01, 2026. The commercial operation date is set for June 03, 2026. This takes the cumulative commissioned capacity to 266.669 MW/1283.936 MWh.

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acme solar holdings commissioned an additional 33.333 MW / 160.512 MWh capacity of its Battery Energy Storage System (BESS) Project in Rajasthan on June 01, 2026. The commercial operation date (COD) for this additional capacity is scheduled for June 03, 2026. This expansion strengthens the company's energy storage capabilities in the region.

The commissioning was undertaken by ACME Sun Power Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited. The project is located at Village: Badi Sid, Tehsil-Bap, District: Phalodi and Jodhpur, State: Rajasthan. This development follows an earlier intimation dated May 11, 2026.

With the addition of this new capacity, ACME Sun Power Private Limited has achieved a cumulative commissioned capacity of 266.669 MW / 1283.936 MWh. The disclosure was made to the exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

Parameter Details
Additional Capacity Commissioned 33.333 MW / 160.512 MWh
Cumulative Commissioned Capacity 266.669 MW / 1283.936 MWh
Location Village: Badi Sid, Tehsil-Bap, Dist: Phalodi and Jodhpur, Rajasthan
Commissioning Date June 01, 2026
Commercial Operation Date June 03, 2026

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%+0.25%+21.66%+44.04%+32.14%+32.45%

How will this increased storage capacity impact ACME Solar's revenue streams and power trading strategies in the coming fiscal year?

Does this commissioning signal the start of a broader expansion phase for the company's BESS portfolio in other regions?

What are the anticipated off-take agreements or Power Purchase Agreements (PPAs) associated with this new storage capacity?

ACME Solar signs 300 MW PPA with SECI for 25 years

2 min read     Updated on 28 May 2026, 06:36 AM
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ACME Solar Holdings executed a 25-year Power Purchase Agreement with SECI for a 300 MW FDRE project via its subsidiary ACME Renewtech Sixth Private Limited. The project, secured at a tariff of ₹6.28 per unit, is scheduled to commence supply on May 28, 2028. This agreement increases the company's PPA-signed portfolio to 6,570 MW from a total contracted portfolio of 8,070 MW.

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ACME Solar Holdings has executed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW/1200 MWh capacity under the Firm and Dispatchable Renewable Energy (FDRE) Tranche VII – Assured Peak Power Project. The agreement was signed through the company's wholly-owned subsidiary, ACME Renewtech Sixth Private Limited, securing a tariff of ₹6.28 per unit for a project tenure of 25 years. The Scheduled Commencement of Supply Date (SCSD) is set for May 28, 2028. This development raises the company's PPA-signed portfolio to 6,570 MW out of a total contracted portfolio of 8,070 MW.

The project was awarded under SECI's FDRE Tranche-VII tender, following a Letter of Award (LOA) dated February 10, 2026. The tender was conducted under Tariff-Based Competitive Bidding (TBCB) guidelines, with an e-reverse auction held on February 02, 2026. The executed PPA covers a contracted capacity of 300 MW, a reduction from the 301 MW capacity initially referenced in the LOA — a change mutually agreed upon for the optimisation of project configuration and implementation.

Key Project Details

The following table outlines the significant terms of the agreement:

Particular: Details
Name of entity awarding the order: SECI Limited
Nature of contract: Power Purchase Agreement
Contract capacity: 300 MW / 1200 MWh
Tariff: ₹6.28 per unit
Scheduled Commencement of Supply Date: May 28, 2028
Project tenure: 25 years from SCSD
Grid connectivity: Inter-State Transmission System (ISTS)

The FDRE project will be connected to Inter-State Transmission System (ISTS) substations and will utilise ACME Solar's existing night-time connectivity available at high irradiation zones. Under the PPA, the company will supply four hours of assured peak power exclusively during non-solar hours, with a minimum annual availability requirement of 85%.

Company Portfolio Overview

ACME Solar Holdings is an integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE, and hybrid solutions. The table below summarises the company's current capacity position:

Metric: Details
Operational Contracted Capacity: 2,990 MW
Battery Energy Storage System (BESS) Capacity: ~2.7 GWh
Under-Construction Capacity: 5,080 MW
Under-Construction BESS: ~18 GWh
Under-Construction PPA-Signed Portfolio: 3,580 MW
Total PPA-Signed Portfolio (post-deal): 6,570 MW
Total Contracted Portfolio: 8,070 MW

With this PPA, ACME Solar continues to expand its dispatchable renewable energy commitments, reinforcing its position as a key participant in India's clean energy transition through firm and peak-hour power supply obligations.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.02%+0.25%+21.66%+44.04%+32.14%+32.45%

How will the capital expenditure for the 1200 MWh storage component impact ACME Solar's leverage ratios given the current high interest rate environment?

What specific battery storage technology chemistry will ACME Solar deploy to meet the 85% annual availability requirement over the 25-year tenure?

Does the ₹6.28 tariff provide sufficient IRR cushion to absorb potential cost escalations in battery supply chains before the 2028 commencement date?

More News on ACME Solar Holdings

1 Year Returns:+32.14%