CE-MAT 2025

ACME Solar wins NHPC's Tender for Battery Energy Storage System project

ACME Solar wins NHPC’s tender for cumulative capacity of 275 MW / 550 MWh standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh across two projects at Kuppam and Ghani.

ACME Solar wins NHPC's Tender for Battery Energy Storage System project

ACME Solar Holdings Limited has emerged as the winning bidder for NHPC’s tender for cumulative capacity of 275 MW / 550 MWh standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh across two projects at Kuppam and Ghani.

The company’s winning bid for Kuppam project was at a tariff of Rs 210,000 per MW per month with a capacity of 50 MW / 100 MWh and the winning bid for Ghani project was at a tariff of Rs 222,000 per MW per month with a capacity of 225 MW / 450 MWh.

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The project requires system availability for two full operational cycles of two hours each every day. As part of the project, ACME Solar will receive viability gap funding of Rs 27 lakh per MWh or 30% of the total project cost, whichever is lower.

This milestone further diversifies ACME Solar’s portfolio to include maiden standalone BESS projects to its existing portfolio of solar, wind, FDRE & Hybrid renewable energy projects. The auction was part of a tender issued by NHPC in February 2025 to enhance energy storage capacity in Andhra Pradesh.

 

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According to Mr Rahula Kashyapa, Chief Commercial O2icer of ACME Solar Holdings, “We feel privileged for the opportunity to develop NHPC’s standalone Battery Energy Storage System project in Andhra Pradesh. This milestone reflects ACME Solar’s commitment to pioneering innovative clean energy solutions that strengthen India’s grid reliability and accelerate the nation’s renewable energy transition. By deploying advanced storage technology at scale, we are proud to support Andhra Pradesh’s vision for sustainable growth and energy security. We look forward to delivering a project that sets new benchmarks for reliability, e*iciency, and positive community impact.”

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