ACME Solar Adds 16 MW To Gujarat Wind Project

25 Nov 2025 CW Team

ACME Solar Holdings has commissioned an additional 16 MW of its 100 MW wind power project in Surendranagar, Gujarat, following the first-phase commissioning of 28 MW in October.

The company said in a regulatory filing that officials from the Gujarat Energy Development Agency (GEDA) and Paschim Gujarat Vij Company (PGVCL) witnessed and confirmed the commissioning, with the formal certificate expected shortly.

With the latest addition, the project’s operational capacity now stands at 44 MW, taking ACME Solar’s total operational portfolio to 2,934 MW.

The Gujarat Electricity Regulatory Commission (GERC) recently extended the Scheduled Commercial Operation Date (SCOD) after recognising Force Majeure events under the Power Purchase Agreement. The revised SCOD is now 5 March 2026. Despite this extension, ACME Solar has commissioned 44 MW ahead of schedule across the first two phases.

The project has been financed by Power Finance Corporation (PFC) and developed by ACME Solar’s in-house EPC team. It uses 4 MW turbines supplied by SANY. The power generated will be supplied to Gujarat Urja Vikas Nigam under a 25-year Power Purchase Agreement signed with ACME Eco Clean.

The share price of ACME Solar Holdings has risen 4.88 per cent so far this year.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..