News Brief | September 2015
ACME Solar builds portfolio of over 1 GW; wins bids in Telangana
ACME Group expects to achieve their target of 1 GW of solar projects spread over several states by next year, even as many are at an advanced stage of implementation. The company recently bagged 446 MW solar PV projects in Telangana through major tenders of 1,500 MW and 500 MW, accounting for about 22 per cent of such projects offered by the new state.
Commenting on this, Prashant Panda, President (Business Development), ACME Solar Energy, said, ´We receive the largest share of the new tenders at an average tariff of Rs 5.84 per unit. We now have projects with total capacity of over 1 GW under our fold, with about 200 MW being operational assets.´