ACME Solar Holdings Commissions Fifth Phase of 33.334 MW BESS Project

ACME Solar Holdings Limited has achieved another significant milestone in its renewable energy expansion with the successful commissioning of the fifth 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 fifth phase encompasses 33.334 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, District Phalodi and Jodhpur in Rajasthan. The Commercial Operation Date (COD) for this phase-V has been scheduled for April 08, 2026, with commissioning completed on April 06, 2026.

Project Parameter:	Details
Phase V Capacity:	33.334 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 08, 2026
Commissioning Date:	April 06, 2026
Operating Subsidiary:	ACME Sun Power Private Limited

Cumulative Achievement Status

With the completion of the fifth phase, ACME Sun Power Private Limited has successfully achieved a total commissioned capacity of 166.670 MW/802.460 MWh. This represents substantial progress toward the complete 300 MW/1409.34 MWh project capacity, demonstrating the company's systematic approach to large-scale energy storage deployment in Rajasthan.

Milestone:	Capacity Achievement
Current Commissioned Capacity:	166.670 MW/802.460 MWh
Remaining Capacity:	133.330 MW/606.88 MWh
Project Completion Percentage:	Approximately 56%

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, March 31, 2026, and April 01, 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 across multiple locations in Rajasthan's renewable energy landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.26%	+6.21%	+28.52%	+7.59%	+36.79%	+20.60%

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.