ACME Solar Secures 250 MW Solar Power Project from SECI

ACME has announced that it has secured 250 MW PV capacity project in the reverse auction held today by Solar Energy Corporation of India (SECI) for its 750 MW solar power tender. ACME won the bid in the highly competitive auction at a tariff of INR 2.48/- unit. The second lowest tariff was offered by INR 2.49/- unit for 360 MW.

SECI had invited solar tenders for the same to be executed at any location in India.  Technical bids totaling 1620 MW were received against the tendered capacity of 750 MW by 13 companies.

With consistently offering most competitive tariff and highest solar power generation; ACME maintains its leadership position in solar IPP space in India. This has entrusted a huge responsibility on us to chart the future ahead in solar power in India. I am confident that with this addition of 250 MW capacity, ACME will strive to achieve highest efficiency in solar power generation and strengthen its partnership with the Government in building a strong nation & economy said Manoj Kumar Upadhyay, Founder and Chairman ACME Group.