ACME Solar Holdings gains on emerging as winning bidder for NHPC's tender for BESS projects
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

Acme Solar Holdings is currently trading at Rs. 250.55, up by 2.30 points or 0.93% from its previous closing of Rs. 248.25 on the BSE.
The scrip opened at Rs. 252.05 and has touched a high and low of Rs. 255.55 and Rs. 249.55 respectively. So far 24684 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 292.00 on 04-Dec-2024 and a 52 week low of Rs. 167.55 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 255.55 and Rs. 241.15 respectively. The current market cap of the company is Rs. 15287.54 crore.
The promoters holding in the company stood at 83.41%, while Institutions and Non-Institutions held 11.83% and 4.75% respectively.
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.