ACME Solar Holdings has been awarded two standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh, with a combined capacity of 275 MW / 550 MWh. The projects were tendered by NHPC in February 2025 as part of efforts to strengthen the state’s energy storage infrastructure.
The company’s successful bid for the Kuppam project was INR 210,000 per MW per month for 50 MW / 100 MWh, while the bid for the Ghani project was INR 222,000 per MW per month for 225 MW / 450 MWh. Both projects are required to deliver two full operational cycles of two hours each day.
ACME Solar is eligible to receive viability gap funding (VGF) of INR 2.7 million per MWh or 30 percent of the total project cost, whichever is lower, under the central government’s energy storage incentive scheme.
“This milestone reflects ACME Solar’s commitment to pioneering innovative clean energy solutions that strengthen India’s grid reliability and accelerate the nation’s renewable energy transition,” said Rahul Kashyap, Chief Commercial Officer of ACME Solar Holdings.
ACME Solar’s total energy portfolio stands at 6,970 MW and 550 MWh across solar, wind, storage, hybrid, and firm dispatchable renewable energy (FDRE) projects. Of this, 2,890 MW is operational, while 4,080 MW and 550 MWh are under various stages of development. The company manages engineering, procurement, construction, and operations and maintenance in-house.
