+
ACME Solar Signs BESS Agreements with NHPC for 275 MW / 550 MWh Projects
POWER & RENEWABLE ENERGY

ACME Solar Signs BESS Agreements with NHPC for 275 MW / 550 MWh Projects

ACME Solar Holdings, through its wholly owned subsidiaries, secured the projects via an e-reverse auction conducted on 24 June 2025. The contracts include 50 MW / 100 MWh at a tariff of Rs 2,10,000 per MW per month, and 225 MW / 450 MWh at Rs 2,22,000 per MW per month.

The Letter of Award (LoA) was issued on 8 July 2025. The quick transition from LoA to signing was facilitated by the prior identification of the customer—Andhra Pradesh. The battery installations will be set up at the customer's site, with land and evacuation infrastructure provided by them, which is expected to accelerate execution.

These projects, expected to be commissioned within 18 months, are among the first of their kind in the state. They aim to support grid stability by storing energy during off-peak hours and releasing it during peak demand, aiding the integration of renewable sources such as solar and wind.

The project follows a "BESS as a Service" model, where capacity charges are applicable. With the addition of these standalone BESS assets, ACME Solar strengthens its portfolio by leveraging large-scale battery procurement and deployment efficiencies.

ACME Solar Holdings, through its wholly owned subsidiaries, secured the projects via an e-reverse auction conducted on 24 June 2025. The contracts include 50 MW / 100 MWh at a tariff of Rs 2,10,000 per MW per month, and 225 MW / 450 MWh at Rs 2,22,000 per MW per month.The Letter of Award (LoA) was issued on 8 July 2025. The quick transition from LoA to signing was facilitated by the prior identification of the customer—Andhra Pradesh. The battery installations will be set up at the customer's site, with land and evacuation infrastructure provided by them, which is expected to accelerate execution.These projects, expected to be commissioned within 18 months, are among the first of their kind in the state. They aim to support grid stability by storing energy during off-peak hours and releasing it during peak demand, aiding the integration of renewable sources such as solar and wind.The project follows a BESS as a Service model, where capacity charges are applicable. With the addition of these standalone BESS assets, ACME Solar strengthens its portfolio by leveraging large-scale battery procurement and deployment efficiencies.

Next Story
Infrastructure Transport

Minister Highlights Road Network Growth and Safety at Summit

Minister of State for Corporate Affairs and Road, Transport & Highways, Shri Harsh Malhotra, addressed the Road and Highways Summit in Delhi today.Under the visionary leadership of Prime Minister Shri Narendra Modi and guidance from Shri Nitin Gadkari, the Ministry of Road Transport and Highways (MoRTH) is committed to building world-class road and transport infrastructure that connects people, drives economic growth, and ensures safety and sustainability for all.Shri Malhotra stated that over the past 11 years, the Ministry has worked tirelessly to realise the Prime Minister’s vision—..

Next Story
Infrastructure Energy

Union Minister Visits IISc to Boost Green Hydrogen Innovation

Union Minister of New & Renewable Energy Shri Pralhad Joshi visited the prestigious Indian Institute of Science (IISc), Bangalore, today to witness an innovative experiment producing eco-friendly pure green hydrogen from agricultural waste. Addressing eminent professors, researchers, and industry leaders, the minister emphasised IISc’s vital role in shaping India’s clean energy future and highlighted key scientific challenges ahead.Shri Joshi expressed his pleasure at being at IISc, describing it as a source of “global respect and national pride”. He thanked IISc Director Professor..

Next Story
Infrastructure Urban

INS Nistar Commissioned, Boosting India’s Indigenous Naval Capabilities

INS Nistar, the first indigenously designed and constructed Diving Support Vessel, was commissioned into the Indian Navy in Visakhapatnam on 18 July 2025, in the presence of Defence Minister Shri Sanjay Seth. This vessel is the first of two Diving Support Vessels being built by Hindustan Shipyard Limited and is capable of undertaking complex deep-sea saturation diving and rescue operations—a specialised capability possessed by select navies worldwide.In his address, Shri Seth praised the Indian Navy and the domestic shipbuilding industry for their consistent efforts in enhancing indigenous c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?