ACME Aims Rs 100 Bn Revenue from Solar Manufacturing

09 Apr 2025 CW Team

Gurugram-based renewable energy company ACME Group is set to make a major push into solar manufacturing, with a goal of achieving Rs 100 billion in revenue by 2030 through the production of solar modules and cells. This move aligns with the government's ‘Make in India’ initiative and supports the country’s broader push towards clean energy and self-reliant infrastructure.

The company has already commissioned a solar module manufacturing unit in Jaipur, Rajasthan, with an annual capacity of 1.2 GW. The facility, built with an investment of Rs 2.3 billion, currently employs over 700 people. ACME now plans to scale up this capacity and establish a new solar cell manufacturing plant through its subsidiary, ACME Renewable Equipment Manufacturing Pvt Ltd.

The company has also been included in the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM), a certification that enables it to supply modules for government-backed schemes, SECI bids, rooftop solar installations, the KUSUM programme, and export markets.

ACME’s Chairman, Manoj K Upadhyay, said the move not only reinforces India's manufacturing capabilities but also helps reduce the overall cost of renewable energy. According to industry estimates, India’s solar module production capacity is projected to rise from 80 GW in 2025 to 125 GW by 2030, while solar cell manufacturing is expected to grow from 25 GW to 40 GW.

This strategic expansion strengthens ACME’s position in the clean energy value chain and supports India’s ambitions to lead in sustainable power technologies.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..