ACME Solar Holdings Commissions Phase-III of Rajasthan BESS Project

RENEWABLES
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AuthorAnanya Iyer|Published at:
ACME Solar Holdings Commissions Phase-III of Rajasthan BESS Project

ACME Solar Holdings has successfully commissioned Phase-III of its Battery Energy Storage System (BESS) in Rajasthan, reaching 159.58 MW of its 300 MW target. Executed through its subsidiary, ACME Greentech Seventh Private Limited, this FDRE project for SJVN Limited marks a significant milestone in the company's renewable capacity expansion. Investors should track the timeline for the final project phases leading to full commercial operations.

ACME Solar Holdings Commissions Phase-III of Rajasthan BESS Project

Phase-III adds 53.63 MW/214.52 MWh to the grid, bringing total commissioned capacity to 159.58 MW/638.32 MWh.

Reader Takeaway: The project is halfway to its 300 MW capacity goal, strengthening the company's position in dispatchable renewable energy.

What just happened

ACME Solar Holdings has commissioned the third phase of its Battery Energy Storage System (BESS) located in Bikaner, Rajasthan. This deployment, managed by the company’s wholly-owned subsidiary ACME Greentech Seventh Private Limited, expands the project's operational capacity significantly. The system is designed to provide Firm and Dispatchable Renewable Energy (FDRE) to SJVN Limited.

Why this matters

This commissioning reflects steady progress toward the total project target of 300 MW and 1200 MWh of storage capacity. By exceeding the 50% completion threshold, the project demonstrates technical execution capability in the growing BESS sector. The project is critical for meeting the requirements of a long-term Power Purchase Agreement (PPA) with SJVN, which requires reliable renewable energy supply.

Context and Future Outlook

The commercial operation date (COD) for this specific phase is set for October 02, 2026, aligning with the broader project rollout. As the company works toward its full 300 MW/1200 MWh capacity, stakeholders should continue to observe the scaling speed and integration efficiency of the remaining phases. Managing the complexity of battery storage deployment is a key long-term driver for ACME Solar’s valuation in the renewable energy space.

Disclaimer: This article is published for informational purposes only. This is not a buy sell recommendation.