ACME Solar Commissions 52.5 MW in Sikar, Eyes 300 MW Goal

ACME Solar Holdings Limited has successfully commissioned the first 52.5 MW phase of its 300 MW Sikar Solar Power Project in Bikaner, Rajasthan. 

With this commissioning, the company’s total operational capacity has increased from 2,540 MW to 2,592.5 MW. This marks another significant step in ACME’s commitment to expanding its footprint in India’s renewable energy sector.

Strategic Location and Infrastructure

Located in one of India’s highest solar irradiation zones, the Sikar Solar Project spans approximately 1,300 acres in Bikaner. The project is designed for maximum efficiency and is expected to be a key contributor to India’s green energy goals. Clean energy generated at the site is pooled at inverter stations and stepped up for transmission via a dedicated 220 kV single-circuit transmission line to the Bikaner-II grid.

Power Generation and Financing

Once fully operational, the entire 300 MW project is projected to generate around 780 million units of clean energy annually. This clean power will be sold on power exchanges on a merchant basis, with allocation based on optimal commercial utilisation. The project is financed by PFC Limited, reinforcing the confidence of financial institutions in ACME Solar’s sustainable initiatives.

ACME Solar Holdings Share Price Performance

On May 9, 2025, ACME Solar share price opened at ₹207.00 and closed at ₹212.01, down by 1.45%. The stock price touched its day’s low at ₹207.00.

Also Read: Reliance Power Secures 25-Year SECI PPA for Asia’s Largest Solar-BESS Project!

Conclusion

The commissioning of the first phase of the ACME Sikar Solar Power Project signals a solid advancement toward India’s renewable energy ambitions. 

With a strong infrastructure setup and merchant market potential, the project not only enhances ACME Solar’s operational capacity but also reinforces its position as a major player in the solar energy landscape. As more phases come online, the project is expected to make a significant impact on clean energy availability in the country.

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