Prime Highlights :
- ACME Solar has begun phased operations of its 100 MW wind power project in Surendranagar, Gujarat, with 68 MW now operational.
- The project supports Gujarat’s renewable energy goals through a long-term 25-year power purchase agreement with the state utility.
Key Facts :
- The latest commissioning phase added 12 MW, bringing total operational capacity to 68 MW, with the remaining capacity to be commissioned in upcoming stages.
- The wind project is financed by Power Finance Corporation, reflecting strong institutional support for large-scale renewable energy initiatives.
Background :
Renewable energy company ACME Solar has begun operations of a 68-megawatt capacity from its 100-megawatt wind power project in Surendranagar district of Gujarat, the company said on Monday. The project is being commissioned in phases through its subsidiary, ACME Eco Clean Energy Pvt Ltd.
ACME Solar added that the latest phase involved the commissioning of 12 MW, taking the project’s total operational capacity to 68 MW. The remaining capacity will be commissioned in the coming stages, the company said in a statement.
The electricity generated from the wind project will be sold under a 25-year Power Purchase Agreement signed between ACME Eco Clean Energy and Gujarat Urja Vikas Nigam Limited, the state-run power distribution company. The long-term agreement is expected to provide stable revenue for the project while supporting Gujarat’s renewable energy goals.
The wind power project has been financed by Power Finance Corporation, a government-owned financial institution that supports India’s power sector. ACME Solar said the funding reflects continued lender confidence in large-scale renewable energy projects.
Gurugram-based ACME Solar Holdings Limited is an integrated renewable energy company with a presence across multiple clean energy segments. Its portfolio includes solar power, wind energy, hybrid projects, firm and dispatchable renewable energy solutions and energy storage systems.
The company currently operates a total renewable energy capacity of 2,958 MW across India. In addition, ACME Solar has projects with a combined capacity of 4,562 MW under construction. This pipeline also includes battery energy storage systems with a planned capacity of 15 gigawatt-hours.
ACME Solar said the progress at the Surendranagar wind project strengthens its wind energy portfolio and supports India’s transition toward cleaner power sources. The company continues to expand its footprint in renewable energy as demand for green power rises across the country.
