ACME Solar Commissions 155 MW Battery Storage in Rajasthan

28 Mar 2026 CW Team

The BESS are connected to the existing operational inter-state transmission system and will operate on a merchant basis, enabling an additional revenue stream by exploiting price differentials between peak and non-peak demand hours. The company indicated the systems will charge during non-peak periods and discharge during peak periods to balance supply and demand while capturing value from market price movements. The merchant model will allow dispatch flexibility for arbitrage and for provision of ancillary services to support frequency regulation and voltage management.

The company said the projects are designed to enhance grid reliability and optimise power utilisation, and that the battery systems will play a critical role in balancing energy supply and demand and in improving overall grid stability. It added that the flexibility provided by BESS supports operational responsiveness and facilitates higher integration of variable renewable generation. Project operation is expected to improve scheduling for renewable plants and to reduce curtailment risk during periods of high generation.

ACME Solar has a diversified renewable energy portfolio of 8,071 megawatt (MW) across solar, wind, storage, firm and dispatchable renewable energy and hybrid projects, of which 2,978 MW along with one gigawatt-hour (GWh) of BESS installations is operational. Projects totalling 5,093 MW along with 16 GWh of BESS installations are under construction, and the under construction power purchase agreement signed portfolio stands at 3,292 MW. The company noted that commissioning of these assets follows its established project delivery processes and standardised integration protocols to ensure safe and reliable operation.

ACME Solar Holdings Ltd (ACME Solar) has commissioned an additional 155 megawatt (MW) and 470.25 megawatt-hour (MWh) of battery energy storage systems (BESS) in the Indian state of Rajasthan, bringing its total commissioned BESS capacity to 297.67 MW and 951.74 MWh under the special-purpose vehicles established for these assets. The total planned BESS capacity through these vehicles remains 835 MW and 3,114.64 MWh. The BESS are connected to the existing operational inter-state transmission system and will operate on a merchant basis, enabling an additional revenue stream by exploiting price differentials between peak and non-peak demand hours. The company indicated the systems will charge during non-peak periods and discharge during peak periods to balance supply and demand while capturing value from market price movements. The merchant model will allow dispatch flexibility for arbitrage and for provision of ancillary services to support frequency regulation and voltage management. The company said the projects are designed to enhance grid reliability and optimise power utilisation, and that the battery systems will play a critical role in balancing energy supply and demand and in improving overall grid stability. It added that the flexibility provided by BESS supports operational responsiveness and facilitates higher integration of variable renewable generation. Project operation is expected to improve scheduling for renewable plants and to reduce curtailment risk during periods of high generation. ACME Solar has a diversified renewable energy portfolio of 8,071 megawatt (MW) across solar, wind, storage, firm and dispatchable renewable energy and hybrid projects, of which 2,978 MW along with one gigawatt-hour (GWh) of BESS installations is operational. Projects totalling 5,093 MW along with 16 GWh of BESS installations are under construction, and the under construction power purchase agreement signed portfolio stands at 3,292 MW. The company noted that commissioning of these assets follows its established project delivery processes and standardised integration protocols to ensure safe and reliable operation.

Real Estate

17 Apr 2026

Sarovar Hotels Taps Branded Residences And Targets Over 400 Hotels

Sarovar Hotels and Resorts (Sarovar) plans to tap branded residences as part of a strategic expansion that aims to take its portfolio to over 400 hotels in five years. The company intends to leverage brand licensing and management contracts to accelerate growth while maintaining an asset light approach. The move is positioned as an extension of its hospitality offerings into residential developments linked to its hotel brands. It will seek partnerships with property developers to co-create projects that align with its service standards and operational model. The company views branded residence..

Infrastructure Urban

17 Apr 2026

Hyatt Eyes Aggressive India Expansion Through Acquisitions

Hyatt is pursuing an aggressive expansion strategy in India centred on acquisitions and strategic partnerships as it seeks to deepen its presence across the country. The group is reported to be evaluating a range of assets from established hotels to development sites in major and emerging markets. The plan is aimed at accelerating room growth and capturing rising demand across domestic and inbound travel segments. The company is said to favour a mix of asset acquisitions and management agreements to maintain flexibility while scaling. It is focusing on both gateway cities and secondary leisure..

Real Estate

17 Apr 2026

Greater Noida West Housing Project To Be Revived

Local authorities have approved a plan to revive a stalled housing project in Greater Noida West, officials said, after prolonged delays left many homebuyers waiting for possession. The decision follows reviews of construction progress, financial viability and regulatory compliance, and the restart is to be overseen by a dedicated monitoring team. The revival plan aims to address unfinished work and restore contractor activity while ensuring that construction standards are met. Homebuyers are to be kept informed of timelines and milestones. The developer has been required to submit a revised p..