ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
Karnataka Looks At A Hydrogen Cluster In Mangaluru Updated On Mon, Jun 20th, 2022 by Saurenergy Karnataka recently signed two major projects about hydrogen production. ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, in MoU’s signed at Davos. Sharing the vision of the state government, Gunjan Krishna, commissioner for industrial development and director, […] Read more
Oman, ACME to Build Green H2 & Ammonia Project Updated On Tue, Aug 24th, 2021 by Saurenergy Oman, the oldest independent state in the Arab world, has signed a land reservation agreement for a green hydrogen and ammonia project that Indian renewable energy company ACME aims to set up in the Special Economic Zone at Duqm. The announcement was made by Oman’s state news agency through Twitter recently. According to its Second […] Read more
UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan Updated On Fri, Jun 18th, 2021 by Saurenergy An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […] Read more
SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
CERC Brings Relief on Safeguard Duty for ACME Solar and Arisun Updated On Fri, Oct 18th, 2019 by Saurenergy CERC has provided compensatory relief for ACME and Arisun after accepting their plea to consider the imposition of the safeguard duty as “Change in Law”. The Central Electricity Regulatory Commission (CERC) has in its latest order, provided compensatory relief for ACME Jaipur Solar and Arisun Clean Energy after accepting their plea to consider the imposition […] Read more
Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List Updated On Wed, Oct 9th, 2019 by Saurenergy According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […] Read more
Petitions by SPDs to Consider GST as Change in Law Accepted Updated On Mon, Feb 11th, 2019 by Saurenergy The CERC with its latest order has provided some relief to solar developers in a matter of GST compensation. The Central Electricity Regulatory Commission (CERC), hearing on the matter raised by local solar project developers, has issued an order accepting the Goods and Services Tax (GST) as a change in the law in case of […] Read more
