ACME Solar Commissions 46.2 MW Wind Project In Gujarat

ACME Solar Holdings Ltd. has commissioned an additional 19.8 MW at its first wind project in Shapar, Gujarat, taking the total commissioned capacity to 46.2 MW out of the planned 50 MW, the company said in a filing on Friday.

The company had earlier commissioned 26.4 MW in May as part of the project's first phase. The remaining capacity is expected to go live in the coming days.

With this, ACME Solar’s total operational capacity has risen to 2.83 GW.

The wind project, housed under its special purpose vehicle ACME Pokhran, is funded by Power Finance Corp. The electricity is being supplied to Gujarat Urja Vikas Nigam Ltd. under a 25-year power purchase agreement.