ACME Bikaner Solar Power Pvt Ltd has emerged the winner in the 25 MW solar PV programme of the Odisha Government, quoting a tariff of Rs 7.28 per kWhr. The company, a subsidiary of ACME Tele Power Ltd, will invest Rs 200 crore in putting up the project. Among the other bidders were Welspun Renewable (which quoted Rs 9.40) and Essel Mining and Industries Ltd (Aditya Birla Group venture in Solar) (Rs 9.50).
ACME expects solar power to achieve ‘grid parity’ (same price as conventional power)
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