ACME Solar Commissions Additional 19.8 MW of Maiden Wind Power Project in Gujarat

ACME Solar Holdings Limited is fast-tracking the commissioning of its maiden wind project located in Shapar, Gujarat. The company has commissioned an additional 19.8 MW, taking the total commissioned capacity of the wind project to 46.2 MW out of the planned 50 MW. The project is expected to be fully commissioned in the next few days. Strategically located in one of India’s highest wind resource regions, this wind project is housed under the company’s special projects vehicle, ACME Pokhran, and financed through Power Finance Corporation (PFC). The power generated from the project is sold through the 25-year Power Purchase Agreement (PPA) signed between ACME Pokhran and Gujarat Urja Vikas Nigam Limited. ACME Solaris is constructing the wind project through its in-house EPC, making it a margin accretive project while enabling the project’s delivery within stipulated timelines.