ACME Solar Secures 450 MW - 1,800 MWh SJVN FDRE-IV Project at ₹6.75 Per Unit

ACME Solar Holdings Limited has been awarded the prestigious 450 MW - 1,800 MWh SJVN FDRE-IV project under the Tariff-Based Competitive Bidding model. The project reinforces the company’s stronghold in renewable energy by integrating solar and advanced battery storage technologies to deliver a reliable peak power supply.

ACME Solar Wins 450 MW - 1,800 MWh Peak Power Project

On November 10, 2025, ACME Solar Holdings Limited secured the SJVN FDRE-IV project, featuring a tariff of ₹6.75 per unit for a 25-year period. The tender, issued under the TBCB guidelines, witnessed an e-reverse auction on October 9, 2025, followed by a Letter of Award received on November 10, 2025. The project entails delivering 4 MWh per MW of capacity within a four-hour peak window each day, maintaining 90% monthly availability.

The initiative combines 300 MW of solar power with a 1,800 MWh Battery Energy Storage System (BESS), enabling an efficient power supply during peak demand hours. It marks one of the few Indian projects explicitly designed to enhance grid stability and manage critical load periods.

Integration of Indian-Made Solar Cells and Night-Time Connectivity

The project will utilise ACME Solar’s night-time transmission capacity at high irradiation zones in Rajasthan, ensuring optimum utilisation of existing infrastructure. Notably, this will be the company’s first project to employ Indian-made solar cells listed under ALMM List-II. This move aligns with the government’s focus on promoting domestic manufacturing in the renewable sector.

Read More: ACME Solar Commissions 28 MW First Phase of Wind Power Project in Gujarat!

Strengthening ACME Solar’s Renewable Portfolio

ACME Solar continues to be one of India’s leading integrated renewable energy firms, with a diversified portfolio spanning solar, wind, storage, and hybrid projects. The company currently operates 2,918 MW of capacity and is constructing an additional 4,472 MW, including 13.5 GWh of BESS installations. Its in-house EPC and O&M divisions ensure timely, cost-effective project delivery with best-in-class capacity utilisation and operational efficiency.

ACME Solar Share Price Performance

On November 11, 2025, ACME Solar share price opened at ₹258.00 on NSE, near the previous close of ₹258.00. During the day, it surged to ₹260.00 and dipped to ₹252.90. The stock is trading at ₹253.35 as of 9:45 AM. The stock registered a moderate decline of 1.80%.

Over the past week, it has declined by 7.47%, over the past month, it has declined by 10.68%, and over the past 3 months, it has declined by 8.09%.

Conclusion

The SJVN FDRE-IV award marks another milestone for ACME Solar, positioning it as a frontrunner in India’s transition towards sustainable energy. By leveraging solar and storage integration, the company aims to provide consistent peak power, support grid stability, and contribute to the nation’s renewable energy targets.

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