- By winning this 300 MW solar project, ACME portfolio will exceed 5 GWp Solar PV Portfolio across India with an operational capacity of 1.7 GWp and 2.8 GWp solar projects at different stages of development.
New Delhi: ACME won 300 MW Solar PV capacity in the reverse auction held on 10.07.2018 invited by UPNEDA.
Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) invited solar tenders with cumulative capacity of 1000 MW of grid-connected solar photovoltaic (PV) projects to be executed across the state. Total 13 companies have shown interest with the aggregated capacity of 1870 MW. ACME bided for the highest capacity of 300 MW.
ACME won the bid with the highest 300 MW solar PV capacity in a highly competitive reverse auction held yesterday at a tariff of INR 3.54/unit for 150 MW & 3.55 per unit for another 150 MW solar capacity.
“With consistently offering most competitive tariff and highest solar power generation; ACME has become the leader in solar power generation in India. This has entrusted a huge responsibility on us to chart the future ahead in solar power in India. I am confident that with this addition of 300MW capacity, ACME will strive to achieve highest efficiency in solar power generation and strengthen its partnership with the Government in building a strong nation & economy said Shri Manoj Kumar Upadhyay, Founder and Chairman ACME Group.
ACME will become one of the largest solar power developers in the state of Uttar Pradesh.
About ACME
Founded in 2003, ACME has been providing innovative, energy efficient, environment friendly products for Passive Telecom Infrastructure. Ventured into Solar Power Segment in 2008, ACME is now India’s leading utility-scale solar power developer with a portfolio of over 4.5 GWp and target to reach 7500 MW by the year 2022.
Source: acme.in
