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PV - Scatec enters the Indian market by signing agreement for a 900 MW solar power plant - Renewable Energy Magazine, at the heart of clean energy journalism

Thursday, 03 June 2021
Scatec has entered a partnership with ACME, a leading solar developer in India, to develop a 900 MW solar power plant in the state of Rajasthan, India, including a 25-year PPA with Solar Energy Corporation of India (SECI) secured in a tender in 2018.
Oryx solar plant, Jordan. Coutesy of Scatec.
The project has an estimated total capex of $400 million, with 75 percent debt financing from an Indian state-owned lender. Scatec will hold a 50 percent economic interest in the project, while ACME will retain 50 percent. ACME will be the turn-key EPC (Engineering, Procurement and Construction) provider for the project. Scatec will ensure delivery according to international standards, HSSE and E&S, as well as optimisation of engineering, procurement and operations of the plants. The annual production from the plant is expected to be 1,600 GWh. ....

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India: Scatec enters the Indian market by signing agreement for a 900 MW solar power plant

Scatec has entered a partnership with ACME, a leading solar developer in India, to realise a 900 MW solar power plant in the state of Rajasthan, India. Construction is expected to start in 2021 with scheduled completion in 2022. ....

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ACME Solar to sell 50% stake in 900 Mw solar plant to Norway's Scatec

Read more about ACME Solar to sell 50% stake in 900 Mw solar plant to Norway s Scatec on Business Standard. Scatec enters in partnership, ACME had quoted record low tariff of Rs 2.44 a unit for the project ....

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State appoints three more preferred renewable energy bidders

The government yesterday announced the appointment of three additional preferred renewable energy bidders in a bid to add a total of 150 megawatts (MW) to the national grid. ....

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Scatec partners ACME to enter Indian market with 900MW project

Scatec partners ACME to enter Indian market with 900MW project
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