By PTI
ACME Solar has secured a 301/1,204 megawatt hour firm and dispatchable renewable energy project from state-owned SECI.
A Firm and Dispatchable Renewable Energy (FDRE) project integrates advanced solar, wind and Battery Energy Storage Systems (BESS) to enable reliable energy dispatch during peak demand.
In a statement on Friday, ACME Solar Holdings (ACME Solar) announced it has secured a 301 MW/1,204 MWh megawatt hour assured peak supply SECI FDRE-VII project in an e-reverse auction conducted on Thursday (February 5, 2026). The bid requires supply of 4 MWh per MW of contracted capacity for any four hours each day only during the non solar hours, while ensuring availability of 70 per cent on monthly and 85 per cent on annual basis.
The formal Letter of Award is expected to be signed soon with SECI.
Following this win, ACME Solar’s diversified portfolio stands at 8,071 MW contracted capacity spanning solar, wind, storage, hybrid, FDRE and RTC (round the clock) solutions.
ACME Solar further said “ICRA Limited has assigned an AA-/Stable credit rating to ACME Sikar Solar Pvt Ltd (ASSPL) for Rs 1,209 crore long term debt.”
Additionally this week, the company announced the appointment of Rahul Kaushik as Head of Process Transformation.
With a sharp focus on risk management, internal controls and operational excellence, Rahul will closely work with the leadership team to drive optimisation of business processes to support the company’s next phase of growth, a company statement said.
With nearly two decades of internal audit and risk advisory experience, Rahul has advised Boards, Audit Committees, Investors and CXOs on strengthening governance and internal control environments.
ACME Solar Holdings Limited is an integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions.
The company’s operational contracted capacity is 2,934 MW and under construction contracted capacity is 4,456 MW including 13.5 GWh of BESS installation.
With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a timely and cost-effective manner.
Image Source: RatedPower
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