Acme Solar Holdings Limited has successfully secured a 250 MW Firm & Dispatchable Renewable Energy (FDRE) project in the recent e-reverse auction conducted by NHPC on December 10, 2024.
The project was won at a competitive tariff of INR 4.56 per unit. This milestone acquisition also includes a green-shoe option, allowing potential expansion from 250 MW to 500 MW, further enhancing Acme Solar’s energy capacity.
With this new win, Acme Solar’s total operational capacity now stands at an impressive 6,970 MW. The auction, titled “Supply of 1200 MW FDRE (Assured Peak Power Supply) from ISTS-Connected Renewable Energy Power Projects Coupled with ESS (Tranche VI),” aims to procure 1,200 MW of renewable energy integrated with Energy Storage Systems (ESS) across India. The project will provide a reliable four-hour peak supply, utilizing a combination of solar, wind, and battery storage technologies.
This innovative approach ensures stable energy delivery during high demand, strengthening India’s renewable energy infrastructure and supporting its sustainability goals.
