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ACME Solar Wins Solar Award: ‘Project Developer of the Year 2020-21 Platinum’

Project Developer of the Year 2020-21 Platinum was awarded to ACME Solar on May 26, 2021. EQ organized ‘India Solar Awards 2020-21’ through virtual mode for the solar industry of India. The event was powered by EQ iSearch and conducted on the basis on solar achievements of 2020-21. Renew Power shared this award with ACME […]

Webinar: M&A (Mergers and Acquisitions) in The RE Sector of India

Petronas acquires 100 MW solar assets from Acme Solar

Has acquired the assets through its Indian unit Petroliam Nasional Berhad (Petronas), Malaysia’s state-run oil and gas company, has acquired around 100 MW solar assets owned by Acme Solar. The solar assets located in Karnataka, were acquired at an enterprise value of Rs 800 crore. Petronas has acquired the assets through its Indian unit Amplus […]

Samsung SDI Plans to Mass Produce All-Solid-State Batteries in 2027

Regarding exemption of construction phase bank guarantee for an applicant who fulfils the exemption eligibility criteria post-submission of LTA application

Regarding exemption of construction phase bank guarantee for an applicant who fulfils the exemption eligibility criteria post-submission of LTA application This order pursued by Acme saves the entire industry from construction BG if PSA is signed. Great contribution by Acme to the RE industry. Congratulations For more information please see below link:

Petition Seeking Clarification in The Matter of Determination of Open Access

GAIL in talks to buy stake in ACME Solar Holdings

The state-owned company formerly known as Gas Authority of India is said to be carrying out due diligence on solar power plants owned by ACME Solar. It is yet to discuss financial terms with ACME’s shareholders. The state-run player could pick up anywhere between 49-74% stake in ACME Solar holdings if discussions progress towards a […]

Public Procurement to Provide for Purchase Preference in Respect of RE Sector

Application for adoption of Transmission Charges with respect to the Transmission System being established by Bikaner-Khetri Transmission Limited

Application under Section 63 of the Electricity Act, 2003 for adoption of Transmission Charges with respect to the Transmission System being established by Bikaner-Khetri Transmission Limited For more information please see below link:  

Petition Seeking Clarification in The Matter of Determination of Open Access

ACME Solar terminates deal with NTPC for 600 MW project, wants bank guarantee refund in 3 days

NTPC has decided to reduce the tariff by 31 paise from the allotted tariff of Rs 2.59 per unit if Acme denies the imposition of the safeguard duty. Acme Solar, one of India’s fastest growing companies in the solar energy sector, has refused to work on a 600 MW project of the NTPC. Acme Solar […]

Public Procurement to Provide for Purchase Preference in Respect of RE Sector

Acquisition Activity In Indian Renewable Energy Market Heats Up

Leading renewable energy generation companies are aggressively looking to expand their portfolios through inorganic means as minor players look to exit power plants in the face of increasing competition and unviable growth prospects. According to different media reports, renewable energy generators Mahindra Susten and government-owned power trading company PTC India are looking to sell their […]

Autumn Tender For RES Power Storage Batteries