ACME Solar Holdings 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. In Kuppam project, the company won bid at a tariff of Rs 210,000 per MW per month with a capacity of 50 MW / 100 MWh. For Ghani project, the company won bid at a tariff of Rs 222,000 per MW per month with a capacity of 225 MW / 450 MWh.

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

ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy projects.