Acme Solar Sets Record With Largest Single-Day Commissioning Of 1023 MW Solar Capacity In 2024

Acme Solar Holdings Limited successfully completed the commissioning of four ISTS-connected projects in Jaisalmer, Rajasthan, totaling 1,023 MW / 1,483 MWp on December 18, 2024. This milestone makes it one of the largest single-location renewable energy projects in India this year. Once fully commissioned, the projects will deliver 1,200 MW / 1,752 MWp to the central grid, with the existing capacity of 1,023 MW already in operation. The remaining 177 MW is energized and under commissioning. With this, Acme Solar’s total commissioned capacity will reach 2,540 MW / 3,578 MWp. The project began supplying power in October 2024.

Nikhil Dhingra, CEO of ACME Solar Holdings Limited, commented, “This commissioning is a very important milestone for us. This takes our total Commissioned portfolio to 2363 MW and central government counterparty portfolio to 65% of total portfolio. Out of this, we have 1773 MW capacity located in the high irradiance zone of Rajasthan. We are very thankful to all stakeholders for their support. It is a testament to the excellent project and engineering capabilities of our team. We are really looking forward to strengthening our presence in Rajasthan further in near term with our upcoming CTU connected solar, FDRE and Hybrid plants utilising our existing connectivity and executing PPA’s with Central counterparties.”

At full capacity, the project will generate approximately 3,000 MUs of clean electricity annually and reduce GHG emissions by 2.6 million tonnes each year. Located in one of the best solar irradiation areas in India, the project benefits from shared infrastructure across all four 300 MW plants, which helps optimize power generation and improve efficiency. The project is financed by PFC and REC and has a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI), at a tariff of Rs 2.44 per unit.