ACME Solar Wins Maiden Standalone BESS Project for NHPC’s Bid in AP with Cumulative Capacity of 275 MW/550 MWh

ACME Solar Holdings Limited 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. The company’s winning bid for Kuppam project was at a tariff of Rs 210,000 per MW per month with a capacity of 50 MW/100 MWh. Its winning bid for Ghani project was 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, ACME Solar will receive viability gap funding of 27 lakh per MWh or 30% of the total project cost, whichever is lower.