ACME Group has announced it has won 446 MW, out of a total 2,000 MW tender by Telangana state at weighted average tariff of Rs 5.84 per unit.
The ACME Group has received the largest share of 22 per cent of the 2,000 MW tender. With this win, ACME said it has become the country's largest solar power developer with over 1,000 MW projects won through competitive bids.
Manoj Kumar Upadhyay, Founder & Chairman, ACME group, said, “The success of the largest solar power tender in India reflects the country’s focus towards solar power. The emergence of ACME Solar in the bid has further strengthened our position as the leading solar power producer in the country with more than 1 GW projects in the pipeline.”