ACME Group

After Promising Start, Karnataka Increases GIM Investment Plans

After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]

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ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman

Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […]

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Six RE Players Form IGHPA for Hydrogen Advocacy

Six companies dealing in renewable energy (RE) have come together to form an independent advocacy group to give a fillip to the Hydrogen Sector in India. It will be called as Independent Green Hydrogen Association (IGHPA) and the key objective of the forum is to engage with Government and other key stakeholders to realize the […]

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Scatec Partners With ACME For 900 MW Solar Plant in India

Norway headquartered renewable power producer and supplier, Scatec has today announced its partnership with an Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan, India. This solar power project includes a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) secured in a tender in 2018. Scatec […]

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Indian Gov’t Puts Safeguard Duty on Hold

The safeguard duty which was brought into effect on July 30, 2018 in order to protect interest of domestic solar manufacturers was awaiting clearance from Orissa High Court after solar player ACME Group filed a writ petition against the safeguard duty on imports. In a relief to the domestic solar developers, Finance Ministry has issued […]

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ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects

ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […]

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Viz-A-Viz with Manoj Kumar Upadhyay, Founder and Chairman | ACME Group

Q. As Madras High Court has dismissed the petition filed against levy of safeguard duty on import of solar modules and cells, how you will deal with the challenges in present scenario? Solar power capacity addition is sensitive to solar tariff. Recent study by KPMG also underscores this fact that at a tariff of Rs.3.0 […]

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ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid

The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […]

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ACME launches India’s 1st Battery Swapping & Charging Station with Lithium Batteries for the Electric Vehicles

ACME has provided EcoCharge Battery Swapping & Charging Stations to Ola for their Pilot Project at Nagpur City ACME has announced the launch of EcoCharge, country’s 1st Battery Swapping & Charging Station for the Electric Vehicles. The EcoCharge Battery Swapping & Charging Station comes with the following advantages: Lowest Operating Cost Fast Charging Swapping time […]

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