Chandigarh, November 3, 2015: ACME, the leading solar power generator in India announced that is has expanded its portfolio to around 1200 MW. The company has been selected as the Solar Power Developer for 50 MW solar PV power projects during the final bids opening by Uttarakhand state on 28th October. ACME has received one of the largest share of 29% of the 170MW tender.
Commenting on the momentous occasion, Mr. Manoj Kumar Upadhyay, Founder & Chairman, ACME said, “We thank the Uttarakhand Government, UREDA, for floating the tender in the state. The emergence of ACME in this bid reinstates our expertise in the solar power sector that helped us to become the country's largest solar power developer with over 1 GW projects under our portfolio.”
ACME won this highly competitive bid that witnessed participation from 97 companies.
The company has an existing portfolio of around 1150 MW including 440 MW in Telangana, 104 MW in Punjab, 160 MW in Andhra Pradesh, 100 MW JNNSM Phase II Projects in Rajasthan and other projects in the states of Gujarat, Madhya Pradesh, Rajasthan, Odisha, Bihar, Uttar Pradesh, Assam, Tamil Nadu and Chhattisgarh.
ACME aims to generate 7500 MW by the year 2019.