StockWatch
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Holding Company
Clarification17 Jul 2026, 06:00 pm

ACME Solar Clarifies BESS Facility Incident, Revenue Loss Under ₹20 Lakhs

AI Summary

ACME Solar Holdings Ltd has issued a media statement to address incorrect news reports regarding damage to its BESS containers at the ACME Suryodaya BESS facility in Pokhran, Rajasthan. The company clarified that only four power conversion systems (PCS) were affected by a localized fire due to an IGBT/short circuit, with no damage to the BESS containers themselves. The incident was managed by in-house fire safety teams. The estimated revenue loss is not material, around INR 20 Lakhs, and the damaged equipment is expected to be restored within a week. ACME Solar emphasized its commitment to transparent disclosure and urged stakeholders to rely only on officially released information.

Key Highlights

  • Clarifies BESS container damage reports, stating only PCS were affected.
  • Localized fire caused by IGBT/short circuit, promptly controlled by in-house teams.
  • Estimated revenue loss is immaterial, around ₹20 Lakhs.
  • Damaged equipment to be restored within one week.
  • Urges stakeholders to rely on official company disclosures only.