ACME Solar Adds 16 MW To Gujarat Wind Project
POWER & RENEWABLE ENERGY

ACME Solar Adds 16 MW To Gujarat Wind Project

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.

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.

Next Story
Infrastructure Energy

CCI Clears Jindal Jhajjar’s 100% Acquisition of Jhajjar Power

The Competition Commission of India has approved the proposed acquisition of the entire shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited. The transaction forms part of a broader consolidation, with the Acquirer set to obtain 100 per cent ownership of the Target company. Jindal Jhajjar Power Limited is a wholly owned subsidiary of Jindal Power Limited, which is engaged in power generation, including thermal power. Jhajjar Power Limited is also active in the thermal power segment. A detailed order from the Commission will be issued separately. ..

Next Story
Infrastructure Urban

Rivexa Launches New Cross-Border Payment Solution for Exporters

rivexa by mjunction Services Limited has introduced a new cross-border trade payment solution designed to streamline global transactions for Indian exporters registered on its platform. Developed within the regulatory framework of the International Financial Services Centres Authority (IFSCA), the system aims to reduce settlement delays, improve traceability and simplify compliance for MSMEs engaged in international trade.The announcement was made during ‘rivOlution 2025: Demystifying the World of Export and Finance’, the platform’s flagship outreach event held last week. Organised in co..

Next Story
Technology

Titan Intech, MIC Partner to Localise Advanced Display Technologies

Titan Intech Limited has announced a strategic technology partnership with Seoul-based Media Information Communication Co, Ltd. (MIC) to co-develop and localise advanced LED, SMD, MiP, Mini-LED and LCD display control systems in India. The collaboration aims to build the country’s first integrated high-performance display technology ecosystem, supporting import substitution and strengthening self-reliance in the sector.The partnership involves a phased investment of about Rs 13.5 million over seven years to support technology absorption, infrastructure expansion and localised production of d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement