ACME Solar commissions 52.32 MW BESS phase in Rajasthan
- ACME Solar commissioned Phase-II of a 52.32 MW/209.28 MWh BESS project in Rajasthan
- Cumulative commissioned BESS capacity now stands at 105.95 MW/423.80 MWh
- PPA signed with SJVN Limited with long-term financing from REC
- Full project capacity expected to be commissioned by Q3 of current fiscal
*this image is generated using AI for illustrative purposes only.
ACME Solar Holdings commissioned Phase-II of its 52.32 MW battery energy storage system (BESS) project in Rajasthan on September 17, 2026. The facility, located in Bikaner district, marks a significant milestone in the company’s renewable energy infrastructure rollout.
The commercial operation date for this phase is set for September 19, 2026. This development follows an earlier intimation issued by the company on September 14, 2026.
Project Details
The commissioning was executed through wholly owned subsidiary ACME Greentech Seventh Private Limited. The Phase-II component adds 52.32 MW of power capacity and 209.28 MWh of discharge capacity to the FDRE Project.
| Metric | Phase-II Capacity | Total Project Capacity |
|---|---|---|
| Power Capacity | 52.32 MW | 300 MW |
| Discharge Capacity | 209.28 MWh | 1,200 MWh |
With this addition, ACME Greentech Seventh Private Limited has achieved a cumulative commissioned capacity of 105.95 MW / 423.80 MWh for the BESS component.
Commercial Framework
A power purchase agreement (PPA) for the project has been signed with SJVN Limited. The project is supported by long-term financing from REC. ACME Solar expects to commission the entire BESS capacity for this project by Q3 of the current fiscal year.
This disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for ACME Solar Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.60% | +2.42% | +9.94% | +67.95% | +32.25% | +62.47% |
How will the completion of the full 300 MW BESS capacity by Q3 impact ACME Solar's revenue recognition and cash flow stability in the upcoming fiscal year?
What are the implications of the long-term PPA with SJVN Limited on ACME Solar's exposure to counterparty risk and future contract negotiations?
How might the successful commissioning in Rajasthan influence ACME Solar's strategy for securing similar large-scale BESS projects in other Indian states with high renewable energy targets?
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