ACME Solar Wins 301 MW FDRE Project In SECI Assured Peak Power Auction

ACME Solar Holdings Limited announced that it has won a large renewable energy project through an e-reverse auction conducted by the Solar Energy Corporation of India. The company secured a 301 MW / 1,204 MWh project under SECI’s FDRE-VII category, which focuses on assured peak power supply. The auction was held on February 5, 2026, and ACME Solar said that a formal Letter of Award is expected to be issued soon.

The project has specific and strict supply conditions. ACME Solar will be required to supply 4 MWh of energy per MW of contracted capacity for any four-hour block every day. This power must be supplied during non-solar hours, ensuring electricity availability when solar generation is not possible. The project is designed to support grid reliability during peak demand periods, especially in the evening and night hours. To comply with performance requirements, the company must maintain a minimum monthly availability of 70 percent and an annual availability of 85 percent.

To meet these requirements, ACME Solar plans to combine solar generation with Battery Energy Storage System technology. The use of BESS will allow the company to store energy during solar hours and discharge it during peak non-solar periods. ACME Solar will also make use of its existing night-time grid connectivity, which is expected to help in smoother integration of the project and reduce execution challenges.

With this project win, ACME Solar’s total contracted renewable energy capacity has crossed 8 GW and now stands at 8,071 MW. The company’s portfolio is diversified and includes solar, wind, energy storage, hybrid, Firm and Dispatchable Renewable Energy, and Round-The-Clock power projects. Out of the total capacity, 2,962 MW is already operational, while 5,109 MW is currently under construction.