ACME's ₹3000 Crore Andhra Solar Project Surges Ahead

ENERGY
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AuthorRiya Kapoor|Published at:
ACME's ₹3000 Crore Andhra Solar Project Surges Ahead
Overview

ACME Group's 400 MW solar and battery storage project in Andhra Pradesh is making rapid on-ground progress, moving from state approvals to construction in just four months. The ₹3,000 crore initiative in Anantapur, set for 2026 commissioning, aims to boost grid stability and advance India's clean energy transition, underscoring the state's efficient investment facilitation.

Rapid On-Ground Progress

ACME Group's 400 MW solar power project, featuring integrated battery energy storage, is demonstrating swift on-ground progress in Andhra Pradesh. The state government reported that the project has advanced from initial state-level approvals to full-scale construction within a rapid four-month timeframe.

Investment and Timeline

The significant ₹3,000 crore project is situated in the Anantapur district. Developed under the Firm and Dispatchable Renewable Energy (FDRE) framework, it combines substantial solar generation capacity with battery storage to ensure round-the-clock renewable power availability. The project is slated for commissioning by 2026.

Government Endorsement

Nara Lokesh, the state's Minister for Education, IT, and Electronics, praised the execution pace. He highlighted that the swift movement from approvals to implementation reflects Andhra Pradesh's strategic focus on speed, certainty, and effective investment facilitation. Lokesh stated that the state is proud to partner in boosting grid reliability and accelerating India's clean energy journey.

Strategic Importance

Once operational, the ACME project is expected to significantly enhance grid stability and provide crucial support to India's ongoing clean energy transition. The state government reiterated its commitment to fast-tracking renewable energy, storage, and green manufacturing projects through proactive support, readily available land banks, and a responsive single-desk clearance system.

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