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.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..