ACME Solar develops 300 MW solar project for MSEDCL in Rajasthan

29 May 2022 CW Team

Gurugram-based renewable energy company ACME Solar Holding Private Limited told the media that it has developed a 300 MW solar power project for Maharashtra State Electricity Distribution Company (MSEDCL).

The solar project, situated at village Badiseed in the Jodhpur district of Rajasthan, will provide electricity to Maharashtra.

This is the largest single-location project for the firm so far. The company faced two consecutive rounds of the Covid-19 pandemic that brought operations at the locations to a standstill. Costs of nearly all components peaked, and freight improved many folds. The firm could overcome all the shortcomings and commissioned the project in the shortest available period, said Sandeep Kashyap, Chief Operating Officer of ACME Solar.

ACME Solar is in the process of establishing another 1,750 MW solar power projects.

In the past two years, ACME Group has diversified into green hydrogen and green ammonia production. The company has established an integrated solar PV to green hydrogen and green ammonia project in Bikaner, Rajasthan.

ACME has signed a contract with Norway-based Scatec ASA to infuse in its Oman Project with a 50-50 joint venture, to design, develop, build, and operate a large-scale green ammonia unit in Oman.

The first phase of the facility is anticipated to create 100,000 tonnes of green ammonia yearly and will be expanded to 1.2 million tonnes per annum with about 3.5 GW of electrolyser capacity and will be powered by 5.5 GWp of the solar PV plant. The project is situated in the Duqm Special Economic Zone of Oman.

Image Source

Also read: Scatec ASA aims hydropower assets in India

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..