ACME Group bagged another 75 MW Solar PV capacity for Parasan solar park in Uttar Pradesh under a tariff-based reverse auction conducted by state-run Solar Energy Corporation of India (SECI) today.
"The SECI had invited solar tenders with cumulative capacity of 275 MW to be executed at multiple solar parks in Uttar Pradesh. Today ACME bid for 75 MW at Parasan solar park in Jalaun District of Uttar Pradesh and won it at a tariff of Rs 3.32/unit. The second best tariff offered was 3.34/unit," a company statement said.
ACME Solar is an independent power producer which constructs, owns and operates solar power plants in India.
After bagging 125 MW solar capacity, the company's total portfolio in Uttar Pradesh stands at 155 MW while its total portfolio will increase to 2900 MWp, the company said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)