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ACME bags 600 MW solar power project

Technical bids totalling 5,100 MW were received against the tendered capacity of 3 GW by 12 companies, it said in a statement, and added that ACME bid for the capacity of 600 MW. 

"ACME won the bid in a highly competitive reverse auction held today at a tariff of Rs 2.44 /unit. The second best tariff offered was 2.64 /unit for 300 MW," the company said. 

ACME Solar constructs, owns and operates solar power plants in India. 

The company plans to execute this project in self-execution mode, it added.

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