ACME SOLAR COMMISSIONS 33.335 MW BATTERY ENERGY STORAGE SYSTEM PROJECT IN RAJASTHAN

has commissioned the first phase of its Battery Energy Storage System project in Rajasthan, with a capacity of 33.335 MW. This represents the initial stage of a larger 300 MW project located in Jodhpur district, implemented through wholly owned subsidiary ACME Sun Power Private Limited. This mark's a significant milestone in the company's renewable energy infrastructure expansion. The commissioned first phase represents a substantial addition to the company's energy storage capabilities. The project specifications demonstrate the scale and technical sophistication of this renewable energy infrastructure development. Having a market cap of Rs 13,840 crore, the company has shown a good profit growth of 48% CAGR over the past 3 years. The stock is currently trading at a 30% discount from it's all time high price making it an ideal entry point. Such new projects are expected to grow the company's profitability in the future.