ACME Solar Holdings has bagged two battery energy storage projects totalling 275 MW/550 MWh from state-owned NHPC.
"The projects have been secured at a tariff of Rs 2,10,000/MW/month for 50MW/100MWh and Rs 2,22,000/MW/month for 225MW/450MWh through e-reverse auction held on June 24, 2025," ACME Solar Holdings said in a statement.
The projects are covered under the viability gap funding scheme of the Government of India, wherein Rs 27 lakh per MWh or 30 per cent of the total project cost, whichever is lower is provided as VGF.
"ACME Solar Holdings through its wholly owned subsidiaries have signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two Standalone Battery Energy Storage System (BESS) projects," ACME Solar Holdings -- a leading integrated renewable energy player -- said.
"The projects have been secured at a tariff of Rs 2,10,000/MW/month for 50MW/100MWh and Rs 2,22,000/MW/month for 225MW/450MWh through e-reverse auction held on June 24, 2025," ACME Solar Holdings said in a statement.
The projects are covered under the viability gap funding scheme of the Government of India, wherein Rs 27 lakh per MWh or 30 per cent of the total project cost, whichever is lower is provided as VGF.
"ACME Solar Holdings through its wholly owned subsidiaries have signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two Standalone Battery Energy Storage System (BESS) projects," ACME Solar Holdings -- a leading integrated renewable energy player -- said.
