The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Gujarat

ACME Group forays wind power project in Gujarat

by TLAteam December 16, 2022December 16, 2022
written by TLAteam December 16, 2022December 16, 2022
ACME Group forays wind power project in Gujarat

ACME Group announced its entry into the wind power sector on Friday, with a 50 MW project in Gujarat. The group has entered the wind power business and signed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL), a company statement said.

Business News

ACME currently operates solar power plants in 12 states and supplies electricity to 13 state distribution companies.

“ACME Group wins its first 50 MW grid-connected wind power project. This is a significant milestone as the company gears up to provide solar-wind Hybrid and RE RTC power. This is in line with ACME Group’s vision to become a prominent RE RTC player,” ACME Group Chief Operating Officer Sandeep Kashyap said.

The project was awarded to the company through a tariff-based competitive bidding process for grid-connected wind power project electricity procurement. The project should be completed within 24 months of the PPA being signed.

The electricity generated by this project will power nearly 6 million homes. Aside from the new wind power projects, ACME is in various stages of construction and commissioning of solar power projects totaling 2,600 MW. These are in the state of Rajasthan.

It has expanded into green hydrogen by establishing the world’s first integrated green hydrogen and green ammonia pilot project in Bikaner, Rajasthan.

ACME is establishing a large-scale green hydrogen and green ammonia project at the Duqm Special Economic Zone in Oman. With an investment of approximately USD 5-6 billion, the facility intends to export green ammonia to demand centres such as Europe and Asia.

ACME has recently signed agreements to establish green hydrogen and green ammonia projects with three state governments: Tamil Nadu, Karnataka, and Odisha.

AhmedabadAhmedabad cityAhmedabad newsGujaratGujarat governmentGujarat newslatest news
0 comment
previous post
Largest stock market sub-broker meet in Gujarat announced by Lakshmishree Investment
next post
Pregnant Woman Accuses Her In-Laws Of Branding Her Tongue And Forcing Her To Wear Shoe Garland

You may also like

Surat Man Dies Suddenly at Textile Shop, CCTV...

June 8, 2025

Three Killed in Separate Road Accidents in Ahmedabad...

June 7, 2025

19 Child Labourers Rescued from Jewellery Unit in...

June 7, 2025

Forest Dept Fines 5 for Entering Gir to...

June 6, 2025

RBI Surprises with 50 bps Rate Cut Amid...

June 6, 2025

Visitor Parking Shortage Creating Big Problems in Cities

June 6, 2025

GTU Recommends Up to 18 Grace Marks for...

June 6, 2025

Seven Pilgrims Fall Into Sea in Dwarka; One...

June 6, 2025

Gujarat Eases RTI Rules: First 5 Pages Free,...

June 6, 2025

Fire break out at chemical company in Vadodara,...

June 5, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Business News

Recent Posts

  • A POCSO case filed after a Vejalpur man arrested for sexually abusing a 15-year-old cousin

    June 8, 2025
  • Edin Rose Expresses Love for Cricketer Shreyas Iyer, Calls Him Her ‘Dream Husband’

    June 8, 2025
  • 2,231 Students Allotted Seats in 3rd Round of RTE Admissions in Gujarat

    June 8, 2025
  • Surat Man Dies Suddenly at Textile Shop, CCTV Captures Moment

    June 8, 2025
  • Former Congress Chief Sonia Gandhi’s Health Deteriorates in Shimla

    June 7, 2025
December 2022
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Nov Jan »
The Live Ahmedabad
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.