ACME Solar Holdings Commissions Fourth Phase of 33.333 MW BESS Project in Rajasthan

1 min read     Updated on 02 Apr 2026, 08:39 AM
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ACME Solar Holdings Limited has successfully commissioned the fourth phase of its Battery Energy Storage System project in Rajasthan, adding 33.333 MW/160.48 MWh capacity. The milestone brings the total commissioned capacity to 133.336 MW/641.980 MWh, representing approximately 44% completion of the overall 300 MW/1409.34 MWh project located at Village Badi Sid, Tehsil-Bap in Phalodi and Jodhpur districts.

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ACME Solar Holdings Limited has achieved another significant milestone in its renewable energy expansion with the successful commissioning of the fourth phase of its Battery Energy Storage System (BESS) project in Rajasthan. The development marks continued progress in the company's ambitious energy storage initiative through its wholly owned subsidiary ACME Sun Power Private Limited.

Latest Phase Completion Details

The fourth phase encompasses 33.333 MW/160.48 MWh capacity as part of the larger 300 MW/1409.34 MWh BESS project. The facility is strategically located at Village Badi Sid, Tehsil-Bap, covering districts of Phalodi and Jodhpur in Rajasthan. The Commercial Operation Date (COD) for this phase-IV has been scheduled for April 03, 2026.

Project Parameter: Details
Phase IV Capacity: 33.333 MW/160.48 MWh
Total Project Capacity: 300 MW/1409.34 MWh
Location: Village Badi Sid, Tehsil-Bap, Dist Phalodi and Jodhpur, Rajasthan
Commercial Operation Date: April 03, 2026
Operating Subsidiary: ACME Sun Power Private Limited

Cumulative Achievement Status

With the completion of the fourth phase, ACME Sun Power Private Limited has successfully achieved a total commissioned capacity of 133.336 MW/641.980 MWh. This represents significant progress toward the complete 300 MW/1409.34 MWh project capacity, demonstrating the company's systematic approach to large-scale energy storage deployment.

Milestone: Capacity Achievement
Current Commissioned Capacity: 133.336 MW/641.980 MWh
Remaining Capacity: 166.664 MW/767.36 MWh
Project Completion Percentage: Approximately 44%

Regulatory Compliance and Communication

The company has maintained transparent communication with stock exchanges, filing the update under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows previous intimations dated March 06, 2026, March 12, 2026, and March 31, 2026, indicating systematic project milestone reporting.

The development represents ACME Solar Holdings Limited's continued commitment to expanding India's renewable energy infrastructure through advanced battery energy storage solutions. The phased approach to commissioning demonstrates methodical execution of large-scale energy storage projects in Rajasthan's renewable energy landscape.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+2.94%+8.08%+16.38%-4.73%+43.17%+8.49%

What is ACME Solar's timeline for commissioning the remaining 166.664 MW capacity to complete the full 300 MW BESS project?

How will this expanded battery storage capacity impact ACME Solar's revenue streams and power purchase agreement negotiations?

Are there plans to replicate this Rajasthan BESS model in other Indian states with high renewable energy potential?

ACME Solar Holdings Receives Enhanced Credit Rating of Rs 2,500 Crore from ICRA Limited

1 min read     Updated on 01 Apr 2026, 08:44 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

ACME Solar Holdings Limited has received an enhanced credit rating from ICRA Limited, increasing the total rated amount from Rs 1,500 crore to Rs 2,500 crore. The [ICRA]AA-(Stable) rating was reaffirmed for the enhanced long-term non-fund based facilities, including an increase in existing facilities to Rs 1,850 crore and a new unallocated facility of Rs 650 crore. This development demonstrates the rating agency's continued confidence in the company's creditworthiness and financial strength.

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ACME Solar Holdings Limited has announced a significant enhancement in its credit rating facility from ICRA Limited, with the total rated amount increased from Rs 1,500 crore to Rs 2,500 crore. The company informed stock exchanges about this development under Regulation 30 of SEBI listing regulations on April 01, 2026.

Credit Rating Enhancement Details

ICRA Limited has reaffirmed and enhanced the credit rating for ACME Solar Holdings Limited, maintaining the [ICRA]AA-(Stable) rating across the expanded facilities. The rating enhancement reflects the credit rating agency's continued confidence in the company's financial strength and creditworthiness.

Instrument Previous Amount (Rs Crore) Current Amount (Rs Crore) Rating Action
Long term-Non-fund based-Others 1,500 1,850 [ICRA]AA-(Stable); reaffirmed/assigned for enhanced amount
Long term-Non-fund based-unallocated - 650 [ICRA]AA-(Stable); assigned
Total 1,500 2,500

Rating Structure and Implications

The enhanced rating structure includes two key components. The existing long-term non-fund based facility has been increased from Rs 1,500 crore to Rs 1,850 crore, representing an enhancement of Rs 350 crore. Additionally, ICRA Limited has assigned a new unallocated facility of Rs 650 crore, also carrying the [ICRA]AA-(Stable) rating.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India about this credit rating update. This communication follows an earlier intimation dated January 02, 2026, indicating ongoing engagement with rating agencies for facility enhancements. The detailed rating rationale from ICRA Limited is available through their official platform for stakeholder reference.

The [ICRA]AA-(Stable) rating indicates high credit quality with adequate degree of safety regarding timely servicing of financial obligations, with the stable outlook suggesting consistent creditworthiness expectations in the near term.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+2.94%+8.08%+16.38%-4.73%+43.17%+8.49%

What specific expansion projects or acquisitions is ACME Solar planning to fund with the additional Rs 1,000 crore credit facility?

How might this enhanced credit rating position ACME Solar competitively in upcoming government renewable energy tenders?

Will the increased financial capacity enable ACME Solar to accelerate its solar project pipeline development timeline?

More News on ACME Solar Holdings

1 Year Returns:+43.17%