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ACME Solar Commissions First Phase of 100 MW Wind Project in Gujarat

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ACME Solar Commissions First Phase of 100 MW Wind Project in Gujarat

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An announcement from ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) is now available.

ACME Solar Holdings Limited has announced the commissioning of the first phase of its 100 MW wind power project in Surendaranagar, Gujarat, increasing its total operational capacity to 2,918 MW. The project, financed through Power Finance Corporation and utilizing SANY’s 4 MW turbines, contributes significantly to India’s renewable energy goals and will sell power through a 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited.

More about ACME Solar Holdings Ltd.

ACME Solar Holdings is a leading integrated renewable energy company with a diversified portfolio that includes solar, wind, storage, FDRE, and hybrid solutions. The company has an operational capacity of 2,918 MW and offers end-to-end development and operation and maintenance (O&M) services, ensuring cost-effective project delivery and high operating performance.

Average Trading Volume: 132,728

Technical Sentiment Signal: Strong Buy

Current Market Cap: 169.8B INR

Learn more about ACMESOLAR stock on TipRanks’ Stock Analysis page.

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