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energetica-india-57_asiapowerweek

NEWS ACME Wins Bids for 200 MW at SECI & NTPC Tenders ACME announced that it has bagged tenders for developing 200 MW solar power projects during separate tenders conducted by SECI and NTPC in Andhra Pradesh and Telangana, respectively. ACME won the largest share of 150 MW out of 400 MW at fixed tariff of Rs. 4.43 per unit in addition to Viability Gap Fund of Rs. 55 Lakh per MW. The tender was floated by SECI under JNNSM Phase II Batch III. The company will commission the project within 13 months from the date of signing of the PPA with SECI. This project will generate approximately 7500 Mn units during its 25 years tenure and supply power to AP Discom through SECI. ACME also won 50 MW at the NTPC tender floated in the state of Telangana. NPTC, under JNNSM had called in for bids to develop 350 MW under ‘Open Category’. ACME bagged the 50 MW project after placing the financial bid for a tariff of Rs. 4.67 for 25 years. The project will be commissioned within 13 months from date of signing of PPA with NTPC. The project is expected to generate around 2500 Million units during its 25 year tenure and supply power to Telangana Discom through NTPC. Commenting on the occasion, Mr. Manoj Kumar Upadhyay, Founder & Chairman, ACME said, “After bagging this tender, our overall portfolio has expanded to 1519 MW. Through this tender, we have further consolidated our position in the country’s solar map as the leading Solar Power Developer. Our group stands committed towards building a green eco system for the country and thereby contributing substantially towards climate change. We are moving in the right direction and shall demonstrate our commitment towards nation building through greener way”. ACME has expanded its existing portfolio to 1519 MW which includes; 490 MW in Telangana, 310 MW in Andhra Pradesh, 104 MW in Punjab, 100 MW JNNSM Phase II Projects in Rajasthan and other projects in the states of Gujarat, Madhya Pradesh, Rajasthan, Odisha, Bihar, Uttar Pradesh and Chhattisgarh. ACME aims to commission 960 MW of projects by March 2017. ACME aims to generate 7500 MW by the year 2019. EESL signs MoU with TERI, enters into a strategic partnership In the presence of Hon’ble Minister of State (IC) Power, Coal and New & Renewable Energy, Mr. Piyush Goyal, Energy Efficiency Services Limited (EESL) has announced that it has entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties to enter into an agreement as Strategic Partners, to work jointly for the achievement of common goals and objectives related to energy efficiency in India and abroad. With this partnership, the main focus of TERI will be on working with governments, regulatory bodies, industry organisations, and utilities to create a policy environment for clean energy technologies. EESL will emphasise on implementing projects and programmes to promote clean energy technologies through innovative policy based business model to end users. The agreement will also bring in people and institutions who work on the policy side into the market based interventions. It will also enable cross country and global linkages so that there is an exchange of information and replication of interventions. This model of collaboration will primarily be used in countries of Africa and East Asia and will further investigate its use in Latin America and other developing countries. In developed nations like Europe and USA, the role of TERI will be to create market awareness about the business opportunities that EESL can potentially unlock. On this occasion, Hon’ble Minister of State (IC) Power, Coal and New & Renewable Energy, Mr. Piyush Goyal said, “This alliance of simultaneous policy and market development will provide a larger platform to boost the national energy efficiency programmes in international markets. This collaboration is an ambitious step towards achieving environment sustainability which is the need of the hour.” In addition, this collaboration will provide comprehensive turnkey solutions where TERI will use its expertise to create energy efficiency projects through audits, etc. and EESL will bring in its business models to implement them. Mr. Saurabh Kumar, Managing Director, EESL said, “I am positive that this partnership will be beneficial in terms of innovation that will also encourage debates on clean energy and energy efficiency amongst important stakeholders. It is a great opportunity for EESL to expand its base and tap international markets.” TERI has worked extensively on enhancing productivity, energy efficiency and competitiveness of the MSME sector and will get involved and work with EESL in future activities in this regard. The initiatives taken under this partnership will also be reviewed on a regular basis. Dr. Ajay Mathur, Director General, TERI stressed the complementarity of the relationship, and said, “The partnership will enable policymakers to immediately see business transactions as a result of their actions. This will reinforce the rapid adoption of energy efficient technologies in developing countries”. 12 energetica INDIA · MAY16


energetica-india-57_asiapowerweek
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