ACME Solar Commissions 300 MW Sikar Solar Project in Rajasthan, Increasing Total Operational Capacity to 2,890 MW

ACME Solar Holdings Limited has commissioned its 300 MW renewable energy capacity at ACME Sikar Solar project in Rajasthan following the commissioning of additional 60 MW capacity yesterday. The project is spread across ~1300 acres in Bikaner, Rajasthan-one of India’s highest solar irradiation zones- and is expected to generate around 780 million units (MUs) of renewable energy annually. The project is allocated to LOA won by ACME Solar Holdings under SECI-ISTS XVIII scheme at a tariff of INR 3.05 per unit. In addition, ACME Solar has also commissioned its maiden wind project of 50 MW at Shapar, Gujarat during the current quarter. With this, the operational capacity of ACME Solar stands at 2,890 MW with another 4,080 MW in various stages of implementation.