Acme Solar Holdings Limited has informed the Exchange regarding a press release dated July 07, 2025, titled "ACME Solar places one of India slargest Battery Energy Storage System orders of over 3.1 GWh.".
ACMESOLAR · price
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Acme Solar Holdings has placed one of India's largest Battery Energy Storage System (BESS) orders of more than 3.1 GWh with global suppliers Zhejiang Narada and Trina Energy. The storage systems will support the company's multiple renewable energy, FDRE (Firm and Dispatchable Renewable Energy), and battery-linked projects scheduled for commissioning over the next 12–18 months across multiple states. Delivery is planned in phases over 4–8 months of the current fiscal year, and the order value is within the company's budgeted costs, supporting capital spending efficiency. The company says early procurement will help speed up project execution and enable timely revenue recognition. Acme Solar's current portfolio stands at 6,970 MW and 550 MWh, with 2,890 MW operational and 4,080 MW under implementation.
This large order strengthens Acme Solar's growth pipeline in energy storage and supports faster execution of its renewable energy projects, which is positive for future revenue. The within-budget cost provides comfort on margin discipline, though the announcement is a voluntary disclosure and does not trigger any specific regulatory action.