ACME Solar wins 130 MW power contract at ₹4.35/unit
pre-market1 source ↓written by the desknot a recommendation
- power contract
- 130 MW
- competitive rate
- ₹4.35 per unit
- renewable energy tender
- 1000 MW
- for the first
- 75%
ACME Solar Holdings Limited has secured a 130 MW power contract with Indian Railways at a competitive rate of ₹4.35 per unit. This contract is part of a 1000 MW renewable energy tender, requiring a minimum annual availability of 75% for the first three years.
The project will utilize solar, wind, and battery storage systems, ensuring consistent power supply for the railways. This move highlights the growing demand for renewable energy solutions in the transportation sector.
Not investment advice. For informational purposes only.