Acme Solar Holdings Limited has informed the Exchange regarding a press release dated March 24, 2026, titled "ACME Solar commissions additional 155 MW / 470 MWh Battery Energy Storage System projects in Rajasthan".
ACMESOLAR · price
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ACME Solar Holdings has commissioned an additional 155 MW / 470.25 MWh Battery Energy Storage System (BESS) in Rajasthan, taking its total commissioned BESS capacity to 297.67 MW / 951.74 MWh. These projects, connected to the Inter-State Transmission System (ISTS), will operate on a merchant basis, earning revenue from price differences between peak and non-peak hours. The total planned BESS capacity across SPVs stands at 835 MW / 3,114.64 MWh. ACME Solar's broader portfolio is 8,071 MW, with 2,978 MW operational and 5,093 MW under construction, including about 16 GWh of BESS.
This is a positive operational update, showing steady execution of the company's BESS pipeline and adding a new revenue stream through peak-hour price arbitrage. It signals progress on the under-construction portfolio and could support investor confidence in ACME Solar's growth plans, though the merchant nature of the projects exposes revenue to short-term price volatility.