ACME Solar has secured a 130 MW renewable energy project for Indian Railways, ensuring round-the-clock power supply. This project highlights the growing competitiveness of renewable energy in India.

ACME Solar Holdings has successfully won a bid for a 130 MW renewable energy project aimed at supplying round-the-clock power to Indian Railways. The winning bid was priced at Rs 4.35 per unit. This project is part of a larger tender for 1,000 MW of renewable energy, which emphasizes the need for a consistent power supply due to the Railways' operational demands. ACME Solar will utilize a combination of solar, wind, and battery storage to meet these requirements. The project is expected to be commissioned within 30 months of signing the power purchase agreement. The tender stipulates a minimum annual availability of 75% for the first three years and 85% thereafter, ensuring reliable energy delivery. ACME Solar is recognized as a leading player in the renewable energy sector, with a significant operational capacity and ongoing projects.