ACME Solar raises Rs 700 cr from financial arm of Piramal Enterprises.

ACME Solar raises Rs 700 cr from financial arm of Piramal Enterprises.

Piramal Finance Ltd (PFL), a part of the Ajay Piramal-controlled Piramal Enterprises, has sanctioned Rs 700 crore to ACME Solar Holdings, Delhi-based Independent Power Producer, with a portfolio of over 1.8 GW of solar power across 14 states. The company’s current operational capacity is over 1 GW and is expected to reach 1.4 GW by […]

Thunderstorm damages solar power plant in Mansa.

Thunderstorm damages solar power plant in Mansa.

Thunderstorm on Friday night ripped apart a Rs 100 crore solar power plant installed here at Nangla village. According to an official of Acme Cleantech Solutions Ltd, who owns the plant, the thunderstorm damaged nearly 60% of the solar panels installed in this power plant. The plant in Nangla village is spread over 75 acres […]

Solar contracts won in Karnataka

Solar contracts won in Karnataka

Fortum, ACME Group, Tata Power, Adani Power, ReNew, Yellow Infrastructure win solar contracts in Karnataka. Several groups have recently been awarded solar contracts from the reverse auction process conducted by NTPC, the Indian Government-owned company engaged in the electricity generation, on 12th April 2016. In the auction, 500 MW of grid connected solar PV projects were awarded in the state of Karnataka. Some of the group which resulted awarded with solar […]