3 days ago
ACME Solar commissions 75 MW in Rajasthan, project capacity reaches 240 MW
New Delhi:
ACME Solar Holdings Limited
has commissioned an additional 75 MW of renewable energy capacity at its
Sikar Solar project
in Rajasthan, taking the total commissioned capacity of the project to 240 MW out of a planned 300 MW.
This expansion raises the company's total operational capacity to 2806.4 MW.
The Sikar Solar power project is spread over approximately 1300 acres in Bikaner, Rajasthan. Power generated at the site is pooled at inverter stations and stepped up for evacuation to the Bikaner-II grid through a dedicated single-circuit 220 kV transmission line.
The project debt is financed by
Power Finance Corporation
Limited. Upon full commissioning, the project is expected to generate around 780 million units of clean energy annually.
The 300 MW Sikar project was won under the SECI-ISTS XVIII scheme by
ACME Solar
at a tariff of ₹ 3.05 per unit. The tariff has been adopted, and the
Power Purchase Agreement
(PPA) is expected to be signed soon. Meanwhile, the power generated from the 240 MW capacity already commissioned will be sold on power exchanges under merchant tariffs.
