ACME, Brookfield Renewable To Jointly Develop 450 MWp Solar Project in Rajasthan

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  • This solar project includes a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL
  • It is also expected that the project will provide jobs for over 450 people during its construction phase and 150 people while it’s operating

partnershipSolar power producer ACME on Tuesday said the company along with Brookfield Renewable will jointly build a 450 MWp solar project in Rajasthan. The company statement said that ACME announced closure of a deal with Brookfield Renewable, a global owner and operator of renewable power assets, to build a 450 MWp Solar Project in Rajasthan. It did not disclose the financial details.

According to the statement this solar project includes a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly-owned subsidiary of the Maharashtra State Electricity Board, the largest electricity distribution utility in India and the second largest in the world.

Provide jobs for over 450 people during its construction phase

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The project will provide clean and green electricity to over a million households. It is also expected that the project will provide jobs for over 450 people during its construction phase and 150 people while it’s operating.

Manoj Upadhyay, Chairman ACME Group in the statement that Backed by abundant renewable resources and lower per capita energy consumption, the country plans to achieve 450 GW of renewable power by 2030.

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