Archive · 26 Jun 2025
ACME Solar Wins NHPC Battery Storage Deal, Shares Rise
ACME Solar, a company, has won a deal to build large battery systems for NHPC in Andhra Pradesh, India.
These batteries will store electricity in Kuppam and Ghani.
The company is excited about this project and aims to help improve India's power grid.
The news was announced on June 26, 2025.
The company's shares increased in value.
Since listing, shares have increased in value for investors.
ACME Solar won NHPC's tender for 275 MW BESS projects in Andhra Pradesh.
Projects will be located in Kuppam and Ghani.
The company's Chief Commercial Officer expressed enthusiasm for the project.
ACME Solar shares closed 0.62% higher on June 26, 2025.
Shares have returned over 7.63% since listing in November 2024.
- Who
- ACME Solar Holdings and NHPC.
- What
- ACME Solar won NHPC's tender for 275 MW battery storage projects.
- When
- The news was announced on June 26, 2025.
- Where
- Andhra Pradesh, India.
- Why
- To enhance energy storage and strengthen India’s grid reliability.
- Company
- ACME Solar Holdings
- Project Type
- Battery Energy Storage System (BESS)
- Capacity
- 275 MW
- Locations
- Kuppam, Ghani
- Share Price Close
- ₹246.70
- Share Change
- 0.62%
- Market Cap
- ₹14,954.74 crore
- Listing Return
- 7.63% (since November 2024)
