ACME Solar commissions 300 MW Sikar Solar project in Rajasthan
ACME Solar Holdings Limited has commissioned its 300 MW renewable energy capacity at ACME Sikar Solar project in Rajasthan following the commissioning of additional 60 MW capacity yesterday. Earlier this quarter, the company had part-commissioned 240 MW out of a full capacity of 300 MW. With this milestone, ACME Solar’s total operational capacity has increased to 2,890 MW.
Spread across ~1300 acres in Bikaner, Rajasthan-one of India’s highest solar irradiation zones- the project is connected to Bikaner II substation at 220 kV & is expected to generate around 780 million units (MUs) of renewable energy annually. ACME Sikar Solar project is allocated to LOA won by ACME Solar Holdings under SECI-ISTS XVIII scheme at a tariff of INR 3.05 per unit for which the tariff has been adopted by Hon’ble CERC & Power Purchase Agreement (PPA) is expected to be signed soon.
In addition, ACME Solar has also commissioned its maiden wind project of 50 MW at Shapar, Gujarat during the current quarter following commissioning of last turbine adding additional 3.3 MW capacity yesterday. This project is located in one of India’s highest wind zones and has 25 year PPA with GUVNL. With commissioning of this wind project through in-house EPC, the company has diversified its portfolio & EPC capabilities.
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