New Delhi, March 24 -- ACME Solar Holdings Ltd has outlined a plan of investing Rs.32,000-35,000 crore in capital expenditure by 2027 to expand its renewable energy portfolio, according to chief executive officer Nikhil Dhingra.
The company aims to increase its energy portfolio to 7 gigawatts (GW) by 2027 from the current 2.5 GW, with a focus on round-the-clock (RTC) renewable energy projects, Dhingra said in an interview.
"Basically, our capex has been divided into two phases. Until 2026, Rs.17,000 crore and Rs.15,000-18,000 crore in the year after that," Dhingra said. "We will increase from our current operational capacity 2.5 GW to 5 GW by 2026 through phase-1 capex, and to 7 GW by 2027 through phase-2 capex."
Of the planned 7 GW ca...
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