ACME, a solar power company in India, has won a bid to develop 50 MW solar PV power projects by Uttarakhand state.
ACME won this competitive bid despite participation from 97 companies. ACME has received one of the largest share of 29 percent of the 170MW tender.
“We thank the Uttarakhand Government, UREDA, for floating the tender. The emergence of ACME in this bid reinstates our expertise in the solar power sector that helped us to become the country’s largest solar power developer with over 1 GW projects under our portfolio,” said Manoj Kumar Upadhyay, founder and chairman, ACME.
The company has an existing portfolio of around 1150 MW including 440 MW in Telangana, 104 MW in Punjab, 160 MW in Andhra Pradesh, 100 MW JNNSM Phase II Projects in Rajasthan and other projects in the states of Gujarat, Madhya Pradesh, Rajasthan, Odisha, Bihar, Uttar Pradesh, Assam, Tamil Nadu and Chhattisgarh.
ACME aims to generate 7500 MW by the year 2019 from its portfolio to around 1200 MW.