Stricter deviation limits and penalties imposed by CERC could potentially reduce equity returns for Acme Solar, due to a potential double-digit revenue impact on wind projects also affecting competitors such as NTPC Green, Inox Wind, and Suzlon.
Acme Solar Holdings Limited
ACMESOLARRecent Discussions
ACME Solar Holdings Ltd's subsidiary completed the fourth phase of a 33MW battery storage project in Rajasthan, bringing their total operational capacity to 133MW out of a planned 300MW. The entire project is expected to be commissioned by April 2026.
ACME Solar has recently added a new 33.3 MW solar power project in Rajasthan, which also includes a 160.5 MWh battery storage system. With this expansion, their total capacity now stands at 100 MW and 481.5 MWh. The company aims to further increase its capacity to 300 MW, providing a total energy storage of 1409.3 MWh.
Acme Solar is under scrutiny as they've received a GST notice worth approximately INR 149.73 crores due to alleged compliance issues. They now need to address these concerns with the relevant authorities.