{"id":418638,"date":"2021-06-04T11:10:49","date_gmt":"2021-06-04T05:40:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418638"},"modified":"2021-06-04T11:10:49","modified_gmt":"2021-06-04T05:40:49","slug":"norwegian-firm-scatec-joins-hands-with-acme-for-900-mw-power-plant","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/norwegian-firm-scatec-joins-hands-with-acme-for-900-mw-power-plant\/","title":{"rendered":"Norwegian firm Scatec joins hands with ACME for 900 MW power plant"},"content":{"rendered":"<p>Norwegian renewable player Scatec has entered into a partnership with Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan. The project holds a 25-year PPA with Solar Energy Corporation of India (SECI) secured in a tender in 2018, according to a company release.<\/p>\n<p>The project has an estimated total capex of $400 million, with 75% debt financing from an Indian state-owned lender. Scatec will hold a 50% economic interest in the project, while ACME will retain 50%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norwegian renewable player Scatec has entered into a partnership with Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan. The project holds a 25-year PPA with Solar Energy Corporation of India (SECI) secured in a tender in 2018, according to a company release. The project has an estimated total capex of $400 million, with 75% debt financing from an Indian state-owned lender. Scatec will hold a 50% economic interest in the project, while ACME will retain 50%.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-418638","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=418638"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418638\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}