ACME Solar Plans Rs200 Billion Capex To Expand Renewables
POWER & RENEWABLE ENERGY

ACME Solar Plans Rs200 Billion Capex To Expand Renewables

ACME Solar has announced plans to invest up to Rs200 billion (Rs200 bn) to expand its renewable energy portfolio across solar, wind, hybrid and energy storage technologies. The company indicated that the proposed capital expenditure represents one of its most ambitious growth initiatives and reflects strong momentum in India’s clean energy sector. The programme is to be implemented over multiple phases and will target regions with high renewable resources and robust transmission connectivity.

A substantial portion of the funding will be directed towards utility-scale solar projects, with priority given to states offering high solar irradiation and supportive policy frameworks. The firm intends to adopt advanced solar technologies including high-efficiency modules, tracking systems and digital monitoring to enhance energy yields and project economics over operational life. Expansion in the wind segment is also planned to diversify generation and to provide complementary output across different hours and seasons.

Hybrid projects that combine solar and wind generation are expected to form a key part of the pipeline, improving utilisation of transmission infrastructure and delivering more consistent power output. The addition of battery energy storage systems will be used to enhance dispatchability, support peak demand management and reduce curtailment of renewable generation. Such measures are to strengthen grid integration and help utilities accommodate larger shares of non-fossil fuel generation without compromising reliability.

The company plans to finance the programme through a mix of long-term debt, equity and internal accruals and may seek strategic partnerships to optimise capital structure. Successful execution will require disciplined capital allocation, timely commissioning and effective project management to realise sustainable returns. The expansion is expected to generate jobs during construction and operations and to support regional economic activity, supply chain development and India’s broader transition towards a lower carbon power system.

ACME Solar has announced plans to invest up to Rs200 billion (Rs200 bn) to expand its renewable energy portfolio across solar, wind, hybrid and energy storage technologies. The company indicated that the proposed capital expenditure represents one of its most ambitious growth initiatives and reflects strong momentum in India’s clean energy sector. The programme is to be implemented over multiple phases and will target regions with high renewable resources and robust transmission connectivity. A substantial portion of the funding will be directed towards utility-scale solar projects, with priority given to states offering high solar irradiation and supportive policy frameworks. The firm intends to adopt advanced solar technologies including high-efficiency modules, tracking systems and digital monitoring to enhance energy yields and project economics over operational life. Expansion in the wind segment is also planned to diversify generation and to provide complementary output across different hours and seasons. Hybrid projects that combine solar and wind generation are expected to form a key part of the pipeline, improving utilisation of transmission infrastructure and delivering more consistent power output. The addition of battery energy storage systems will be used to enhance dispatchability, support peak demand management and reduce curtailment of renewable generation. Such measures are to strengthen grid integration and help utilities accommodate larger shares of non-fossil fuel generation without compromising reliability. The company plans to finance the programme through a mix of long-term debt, equity and internal accruals and may seek strategic partnerships to optimise capital structure. Successful execution will require disciplined capital allocation, timely commissioning and effective project management to realise sustainable returns. The expansion is expected to generate jobs during construction and operations and to support regional economic activity, supply chain development and India’s broader transition towards a lower carbon power system.

Related Stories

Gold Stories

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Real Estate

Adani begins construction of Dharavi rehabilitation homes

Construction of rehabilitation homes for eligible Dharavi residents has commenced at the 22-acre Matunga railway site, following a Bhoomi Poojan ceremony performed by Pranav Adani, Director, Adani Enterprises (AEL). The project, being implemented by Adani Navbharat Developers (ANDPL), envisages 10 towers comprising 10,432 rehabilitation apartments and 1,379 commercial and industrial units.Under the in-situ rehabilitation scheme, eligible residents will receive homes measuring 350 sq ft. Residents from Sectors 6 and 1 will be accommodated at Matunga first, followed by nearly 4,500 apartments fo..

Next Story
Equipment

Seven Propel 470 HEV electric tippers go to work on coal haulage in Chhattisgarh

Propel EV, the electric mobility division of Propel Industries and India's No. 1 electric tipper brand, has deployed seven 470 HEV electric trucks with a leading coal-haulage contractor at one of India's largest opencast coal mines in Chhattisgarh. The trucks are in daily operation, moving coal on continuous haul cycles in one of the most demanding applications in Indian mining.Why Electric - and Why CoalCoal haulage runs round the clock: heavy loads, long haul cycles, steep ramps and abrasive dust. It is also where diesel hurts most. Engines run continuously, fuel is the largest single operat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code