ACME Solar commissions Phase-III of 300 MW BESS project in Rajasthan

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹440.00

prior close

₹442.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.2%-0.5% vs market

Power Generation peers, median of 28sector-2.0%+0.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Smallcap 250 and 0.4 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-1.6-1.2-0.5-2.0+0.4

Next day

-2.8-0.8-1.9-1.7-1.0

+2.5+0.6+1.9-0.8+3.2

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ACME Solar Holdings, through its wholly owned subsidiary ACME Greentech Seventh, has commissioned Phase-III of its Battery Energy Storage System (BESS) project in Bikaner, Rajasthan. This phase adds 53.63 MW/214.52 MWh, bringing total commissioned capacity to 159.58 MW/638.32 MWh out of the full 300 MW/1200 MWh FDRE project. The Commercial Operation Date for Phase-III is set for October 2, 2026. The Power Purchase Agreement for this project is signed with SJVN Limited, a government PSU.

Likely market impact

Progresses storage project toward full capacity, supporting future revenue from BESS operations under a government-backed PPA with SJVN.