ACME joins hand with UNSOPS & IFU for 250 MW solar project
Gurgaon based solar power project developer ACME signed a shareholders’ agreement with UNOPS S3i and IFU for developing a 250-megawatt (Mw) solar power plant located in the Rajasthan state of India.
The total value of the project is close to US$ 200 million, of which about a quarter would be financed through equity contributions by the three co-investors, ACME said in a statement.
The 250 MW project was won by ACME in 2019 at a tariff of Rs 2.48 per unit.
S3i is a fund by UNOPS or United Nations Office for Project Services for investing in projects affordable housing, renewable energy, and health, and innovation.
