ACME Solar signs 450 MW PPA in India, commissions new 38 MW/82 MWh BESS

<p class="p1"><span class="s1">ACME Solar has signed two power purchase agreements (PPAs) totaling 450 MW under a firm, dispatchable renewable energy (FDRE) project with SJVN Ltd. It also commissioned an additional 38 MW/82 MWh at its Jaisalmer battery energy storage system (BESS) facility in Rajasthan.</span></p><p><strong>From <a href="https://www.pv-magazine-india.com/2026/03/05/acme-solar-signs-450-mw-fdre-ppa-with-sjvn-commissions-second-phase-of-285-mw-600-mwh-bess-project-in-jaisalmer/" rel="noopener" target="_blank">pv magazine India</a></strong></p>
<p>ACME Solar said its ACME Greentech Seventh unit has signed two PPAs with SJVN Ltd. for 300 MW and 150 MW of solar capacity under an FDRE project.</p>
<p>The company secured the capacity in SJVN’s FDRE-IV tender with a winning tariff of INR 6.75 ($0.074)/kWh for a 25-year term. The project will provide an assured peak supply of 1,800 MWh (450 MW times four hours) from renewable energy projects connected to the interstate transmission system.</p>
<p>Separately, ACME Solar Holdings, through its ACME Suryodaya subsidiary, has commissioned the second phase of its 285 MW/600 MWh BESS project in Jaisalmer district, Rajasthan. The newly commissioned capacity of 38 MW/82 MWh follows the first phase of 19 MW/38 MWh, which was commissioned in February.</p>