ACME Solar Awarded 450 MW-1800 MWh SJVN FDRE-IV Project

ACME Solar Holdings Ltd. has secured a 450 MW -1800 MWh assured peak power project under SJVN’s FDRE-IV tender at a tariff of INR 6.75/unit for 25 years.

The Tariff-Based Competitive Bidding (TBCB) tender saw an e-reverse auction on October 9, 2025, with the Letter of Award (LoA) issued on November 10, 2025. The project will integrate 300 MW of solar capacity and a Battery Energy Storage System (BESS) of around 1800 MWh, designed to supply power during a four-hour peak demand window with 90 percent MM List-II and utilizes night-time transmission connectivity in high-irradiation zones of Rajasthan. “Securing the SJVN FDRE-IV project allows us to maximize night-time connectivity and achieve early revenue, it’s a win-win for both ACME and SJVN,” said Rahula Kashyapa, Chief Commercial Officer, ACME Solar.

With an operational capacity of 2,918 MW and 4,472 MW under construction, including 13.5 GWh of BESS, ACME Solar continues to strengthen its position as a leading integrated renewable energy company offering solar, wind, hybrid, and storage solutions.