ACME Solar Commissions Rajasthan BESS Project, Shares Rise
By ThePip Desk
ACME Solar Holdings’ shares climbed 2.27% after its subsidiary commissioned a 15 MW BESS project in Rajasthan, boosting total capacity to 300 MW.
ACME Solar Holdings experienced a 2.27% increase in its share price on the BSE, trading at Rs. 395.05. This surge followed the commissioning of a new Battery Energy Storage System (BESS) project by its wholly owned subsidiary in Rajasthan.
Market Snapshot
- Current Trading Price: Rs. 395.05
- Previous Closing: Rs. 386.30
- Points Up: 8.75
- Shares Traded: 23445
- Market Capitalization: Rs. 27925.07 crore
The subsidiary, ACME Suryodaya, officially commissioned a 15 MW/240.752 MWh BESS project on August 27, 2026. Located in Sanwara and Mehar Nagar villages within Jaisalmer, Rajasthan, the project’s Commercial Operation Date is set for August 29, 2026.
This new commissioning has significantly boosted ACME Suryodaya’s overall capacity. The subsidiary now boasts a total commissioned capacity of 300 MW / 1354.224 MWh.
Share Performance & Valuation
- BSE Opening Price: Rs. 391.50
- Intraday High: Rs. 395.95
- Intraday Low: Rs. 388.45
- 52-Week High (24-Aug-2026): Rs. 411.50
- 52-Week Low (27-Jan-2026): Rs. 195.65
- Face Value: Rs. 2
Ownership Breakdown
- Promoters Holding: 71.40%
- Institutions Holding: 23.49%
- Non-Institutions Holding: 5.11%
ACME Solar Holdings operates as a prominent renewable energy firm within India. Its diverse portfolio encompasses solar, wind, hybrid, and firm and dispatchable renewable energy (FDRE) projects, underscoring its commitment to the sector.