ACME Solar Holdings (ACME Solar) has been awarded a 450 MW - 1800 MWh assured peak power SJVN FDRE-IV project on November 10, 2025 at a tariff of Rs 6.75 per unit for 25 years. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines for which an e-reverse auction was held on October 9, 2025 and LoA was received on November 10, 2025.
The project requires supplying power of only 4 MWh per MW of capacity during any four-hour period each day within the peak demand window with 90% availability on monthly basis. The project would integrate Solar of 300 MW and Battery Energy Storage System (BESS) technology of around 1800 MWh to meet the supply requirements. Notably, the project is amongst the few that focus specifically on peak power supply, with objective of supporting grid stability and managing critical peak demand. This project will utilize night-time connectivity available with the company at high irradiation zones in Rajasthan. This will be the company’s first project to use Indian made solar cells (under ALMM List-II).
ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy projects.
