ACME Solar Holdings has officially commissioned the second phase of its Battery Energy Storage System (BESS) project through its wholly owned subsidiary ACME Sun Power Private Limited, marking a significant milestone in the company's renewable energy expansion.

Project Commissioning Details

The company announced the commissioning of the second phase under Regulation 30 of SEBI listing requirements, with specific operational parameters and timeline.

Cumulative Project Progress

With the commissioning of the second phase, ACME Sun Power Private Limited has achieved substantial progress toward the total project capacity.

Strategic Infrastructure Development

The BESS project represents a critical component of India's renewable energy infrastructure, providing grid stability and energy storage capabilities. The project's location in Rajasthan positions it strategically within one of India's leading renewable energy states.

The successful commissioning follows the company's previous intimation dated March 06, 2026, demonstrating ACME Solar Holdings' ability to execute large-scale energy storage projects according to planned timelines. This achievement reinforces the company's commitment to advancing battery energy storage technology and supporting grid modernization initiatives.

ACME Solar Holdings Limited has announced the signing of two Power Purchase Agreements (PPAs) with SJVN for a 450 MW / 1800 MWh ISTS connected assured peak power project. The agreements were executed through the company's subsidiary, ACME Greentech Seventh Private Limited, marking a significant milestone in India's renewable energy infrastructure development.

Project Agreement Details

The PPAs were signed on March 2, 2026, following a competitive bidding process. The project specifications and timeline demonstrate the strategic importance of this renewable energy initiative:

Competitive Bidding Process

The project was awarded through a Tariff-Based Competitive Bidding (TBCB) process under the Tranche-FDRE-4 tender. The e-reverse auction was conducted on October 9, 2025, with the Letter of Award (LOA) received on November 10, 2025. This transparent bidding process ensures competitive pricing and project viability.

Technical Implementation Strategy

The projects will leverage ACME Solar's existing infrastructure advantages in Rajasthan's high irradiation zones. Key technical aspects include:

Portfolio Expansion Impact

This agreement significantly strengthens ACME Solar's market position, with the company achieving remarkable growth in PPA signings during the current financial year. The latest agreement brings the total PPAs signed in the current financial year to 1,690 MW, elevating the company's total PPA signed capacity to 6,270 MW.

Company Portfolio Overview

ACME Solar Holdings Limited operates as a leading integrated renewable energy player with a comprehensive portfolio spanning multiple technologies. The company's diversified approach includes solar, wind, storage, FDRE and hybrid solutions, with a total portfolio of 8,071 MW. The operational framework includes 2,966 MW of operational contracted capacity and 5,105 MW under construction, featuring approximately 17 GWh of BESS installation. With an in-house EPC and O&M division, the company ensures end-to-end project development and maintenance capabilities.