ACME and Brookfield to develop 300 MW solar power project

ACME Solar and Brookfield Renewable have closed a deal to jointly develop a 300 MWac (450 MWdc) solar project at Badisid, in Jodhpur district, Rajasthan.

ACME had quoted the lowest tariff of Rs 2.74 per kWh in the auction conducted by Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project includes a 25-year power purchase agreement with MSEDCL. It will be connected through the Bhadla II substation.The project is expected to provide green electricity to over a million households and also provide jobs for over 450 people during its construction phase and 150 people during its operations.