ACME Solar Secures 450 MW SJVN FDRE-IV Project at INR 6.75/Unit
Filing Summary
ACME Solar Holdings Limited has been awarded a 450 MW – 1800 MWh SJVN FDRE-IV project. The project was secured on November 10, 2025, at a tariff of INR 6.75 per unit for a 25-year period. The tender was conducted under Tariff-Based Competitive Bidding guidelines, with an e-reverse auction held on October 9, 2025. The project will integrate 300 MW of solar power and a Battery Energy Storage System of approximately 1800 MWh. This is ACME Solar’s first project to utilize Indian-made solar cells under ALMM List-II.
On November 10, 2025, ACME Solar Holdings Limited secured a 450 MW – 1800 MWh SJVN FDRE-IV project. The project was awarded at a tariff of INR 6.75 per unit for a duration of 25 years. The tender process was conducted under Tariff-Based Competitive Bidding guidelines, with an e-reverse auction held on October 9, 2025.
The project requires the supply of power at 4 MWh per MW of capacity during any four-hour period each day within the peak demand window, maintaining 90% availability on a monthly basis. It will integrate 300 MW of solar power and a Battery Energy Storage System (BESS) of approximately 1800 MWh to meet supply requirements. The project focuses on peak power supply, supporting grid stability and managing critical peak demand.
This project will utilize night-time connectivity available with ACME Solar at high irradiation zones in Rajasthan. It marks ACME Solar’s first project to use Indian-made solar cells under ALMM List-II. The Letter of Award (LoA) for the project was received on November 10, 2025.
ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE, and hybrid solutions. The company has an operational capacity of 2,918 MW and an under-construction capacity of 4,472 MW, including 13.5 GWh of BESS installation. With an in-house EPC and O&M division, ACME Solar focuses on end-to-end development and operation of plants, ensuring efficient project delivery.