ACMESOLARNSEAcme Solar Holdings LimitedHighPositive
Announced Mon, 23 Mar · 22:00 IST

Acme Solar Holdings Limited has informed the Exchange about Commencement of fourth phase of 95 MW capacity of Battery Energy Storage System (BESS) Project

Greenfield CommissionedCapex & Operations View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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₹239.00
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₹246.00
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AI summary

Acme Solar Holdings, through its wholly owned subsidiary ACME Suryodaya Private Limited, has commissioned the fourth phase of its Battery Energy Storage System (BESS) project in Jaisalmer, Rajasthan. This phase adds 95 MW / 200.64 MWh of capacity, bringing total commissioned capacity so far to 171 MW / 361.14 MWh out of the full 285 MW / 601.904 MWh project. The commercial operation date for this phase is March 25, 2026. The project is about 60% complete, with remaining capacity still to be commissioned.

Likely market impact

This is a positive development for shareholders as it shows steady project execution and adds revenue-generating capacity. Phased commissioning of a large BESS project supports future earnings visibility, though the stock reaction will depend on tariffs secured and overall project returns.