ACME commissions solar and wind projects in Rajasthan and Gujarat
Author: PPD Team Date: June 25, 2025
Author: PPD Team Date: June 25, 2025
ACME Solar Holdings Private Limited has fully commissioned two renewable energy projects in Rajasthan and Gujarat through its subsidiaries.
On June 24, 2025, ACME Sikar Solar Private Limited commissioned 60 MW of solar capacity in Bikaner, Rajasthan. This marked the completion of the 300 MW solar project awarded under Tranche-XVIII of Solar Energy Corporation of India (SECI).
A day earlier, on June 23, 2025, ACME Pokhran Solar Private Limited commissioned 3.3 MW of wind capacity in Shapar, Gujarat. This completed the 50 MW wind power project awarded under Phase-III of Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction.
Author: PPD Team Date: November 18, 2025 KP Group has entered a framework agreement with Senvion India to jointly develop up to 2 GW of wind and wind–solar hybrid capacity across India over the next three years. The arrangement brings together KP Group’s project development role and Senvion India’s turbine supply for a multi-state pipeline. KP Group will handle land acquisition, permits, and all balance of plant work. This includes civil construction, internal roads, foundations,…
Author: PPD Team Date: October 3, 2025 Sterlite Electric Limited, formerly known as Sterlite Power Transmission Limited, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will consist of a fresh issue of up to 7.793 million equity shares and an offer for sale of up to 7.796 million equity shares, aggregating around 15.589 million equity shares. Promoters Anil…
Author: PPD Team Date: May 13, 2025 The Union Government has approved the Transmission System for Evacuation of Power from Pakaldul Hydroelectric Project (HEP) in the Chenab Valley. The project will be developed by Kishtwar Transmission Limited, a special purpose vehicle (SPV) owned by Sterlite Grid 24 Limited. It will be implemented under the tariff based competitive bidding (TBCB) route on a build, own, operate and maintain (BOOM) basis in Jammu & Kashmir. PFC Consulting…
Author: PPD Team Date: May 21, 2025 The Electricity Department of Goa is planning to develop three new substations at Verna, Tuem, and Kundaim over the next five years. The estimated investment across these projects is Rs 11 billion. The substations are expected to be built at a cost of Rs 4 billion each in Verna and Tuem, and Rs 3 billion in Kundaim. The projects will be taken up sequentially, with the first substation…
Author: PPD Team Date: January 28, 2025 Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and mergers and acquisitions. IOCL currently has a renewable energy capacity of 246.94 MW and established Terra Clean, a wholly owned subsidiary, in 2024 to drive clean energy operations….
Author: PPD Team Date: November 28, 2024 Singapore-based Sembcorp Industries has been awarded the contract to build, own, and operate a 300-MW wind-solar hybrid power project for NTPC, as part of NTPC’s 1.2-GW renewable energy bid. The project will connect to India’s inter-state transmission system and is scheduled to commence commercial operations within 24 months. This project will boost Sembcorp’s renewable capacity in India to 5.4 GW. Globally, Sembcorp’s renewable energy capacity has reached 16…