ACME Group Bags 50 MW Solar power project at Gujrai solar park, Uttar Pradesh in SECI bid
New Delhi: ACME won 50 MW Solar PV capacity in the reverse auction held on 07.06.2018 invited by SECI for Gujrai solar park.
Solar Energy Corporation of India (SECI) invited solar tenders with cumulative capacity of 275 MW to be executed at multiple solar parks in Uttar Pradesh. ACME bided for 50 MW at Gujrai solar park in Kanpur dehat district of U.P and won it at a tariff of INR 3.38/unit.
It is a very tough project due to site access, soil condition, difficult contour, high wind speed, and lower GHI. The tariff remains lower than forbearance price of Rs 3.48/unit.
“We wanted to learn from this project and use our innovation and execution capabilities to meet the customer expectation. I’m happy that our team has done this. We will build special structure and balance of plant to meet site condition” said Shri Manoj Kumar Upadhyay, Founder and Chairman ACME Group.
ACME has 30 MW operational project in UP and decided to expand its footprints in the state.
By winning this bid, ACME will now sign a 25 year PPA with SECI who will sell power to state utilities of Uttar Pradesh.
ACME Solar is an independent power producer, which constructs, owns and operates solar power plants in India. With this won capacity, ACME’s total portfolio will increase to 2.8 GWp. With strong in-house execution and design team, ACME plans to execute this project in self-execution mode.
About ACME
Founded in 2003, ACME has been providing innovative, energy efficient, environment friendly products for Passive Telecom Infrastructure. Ventured into Solar Power Segment in 2008, ACME is now India’s leading utility-scale solar power developer with a portfolio of over 2.8 GWp and aims to generate 7500 MW by the year 2022.
ACME also offers Lithium Battery based Energy Storage solutions for stationary and automotive applications integrated with our in-house developed intelligent BMS technology. ACME has a State-of-the-Art fully integrated Manufacturing Facility for Lithium-ion Batteries at Rudrapur, Uttarakhand
