ACME Solar Wins 275 MW/550 MWh Battery Storage Projects from NHPC

 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 ₹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% 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.