ACME Solar commissions 66.68 MW Solar & 300 MWh BESS capacity in Rajasthan
ACME Solar Holdings Limited has commissioned 66.68 MW of solar capacity and 300 MWh of Battery Energy Storage System (BESS) capacity in Rajasthan. This is the company's first hybrid renewable energy project. The project is located in Bikaner, Rajasthan, and has a PPA with NTPC Limited.
The commissioning of new capacity, especially a hybrid project, contributes to the company's growth and operational capabilities, impacting its market position and revenue potential.
The commissioning of new solar and BESS capacity signifies business expansion and successful project execution, which is positive for the company.
ACME Solar Holdings Limited, through its subsidiaries, has commissioned 66.68 MW of solar capacity and 300 MWh of Battery Energy Storage System (BESS) capacity in Bikaner, Rajasthan. This marks ACME Solar's first hybrid renewable energy project, combining solar and BESS capabilities.
The solar capacity of 66.68 MW is located at Kelan Village in Bikaner, Rajasthan. This is part of ACME Solar's first hybrid renewable energy project, integrating 300 MW of solar capacity with 100 MW of BESS capacity. The project's solar component comprises 66.68 MW of solar out of the total 300 MW, alongside 100 MW of BESS capacity.
Furthermore, ACME Solar has commissioned Phase-I of its BESS capacity, totaling 300 MWh. Phase-I includes 53.63 MW out of 300 MW of BESS capacity. The project involves 66.68 MW of solar out of the total 300 MW and 300 MWh of BESS capacity out of 1581 MWh BESS capacity. This project signifies ACME Solar's strategy to offer off-peak power supply solutions and represents the company's first foray into hybrid renewable energy projects, combining solar and BESS. The Power Purchase Agreement (PPA) for the project has been signed with NTPC Limited for a long-term duration. ACME Solar expects to commission the entire 300 MW BESS capacity by the end of Q3 FY27.
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Acme Solar Holdings Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Acme Solar Holdings Limited. Read the original for the full detail.