ACME Solar Expands Rajasthan Solar and BESS Capacity

: ACME Solar has commissioned 66.68 MW of solar capacity and 300 MWh of BESS capacity in Bikaner, Rajasthan, strengthening its operational renewable energy portfolio. The solar capacity forms part of a larger 300 MW solar and 100 MW wind hybrid project at Kelan Village, with the full 300 MW solar capacity targeted for commissioning in Q3 FY27. The company has also commissioned 53.63 MW / 300 MWh of its first assured off-peak power supply BESS project, with the overall project planned to reach 300 MW / 1,581 MWh by Q3 FY27. Following these additions, ACME Solar’s operational renewable portfolio has increased to approximately 3,057 MW, while operational BESS capacity has surpassed 4.16 GWh. The projects are backed by PPAs with NTPC and SJVN, with financing support from PFC and REC, providing long-term revenue visibility. Stock Commentary – ACME Solar ACMESOLAR – HIGHLY POSITIVE (9/10): Commissioning of 66.68 MW solar and 300 MWh BESS strengthens ACME Solar’s operating portfolio. PPAs with NTPC and SJVN provide revenue visibility, while planned expansion to 300 MW solar and 1,581 MWh BESS supports future growth.