ACMESOLARNSEAcme Solar Holdings LimitedMediumPositive
Announced Wed, 1 Apr · 22:45 IST

Acme Solar Holdings Limited has informed the Exchange about Update on commissioning of fourth phase of 33.333 MW capacity of Battery Energy Storage System(BESS) Project located in Rajsthan

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Acme Solar Holdings Limited has commissioned the fourth phase (33.333 MW/160.48 MWh) of its Battery Energy Storage System project in Rajasthan. The commercial operation date for this phase is April 3, 2026. The project is being developed by its wholly-owned subsidiary ACME Sun Power Private Limited at Village Badi Sid in Phalodi and Jodhpur districts. With this commissioning, the company has achieved a total commissioned capacity of 133.336 MW/641.980 MWh out of the planned 300 MW/1409.34 MWh, representing about 44% completion of the overall project.

Likely market impact

This is a positive operational update showing steady progress on the company's BESS project. The commissioning of additional capacity strengthens Acme Solar's position in the energy storage segment and demonstrates execution capability. Shareholders may view this favorably as it indicates the company is on track to complete its planned storage capacity expansion.