Gurugram, October, 2025.
In early 2025, MNRE
included ACME Group in the ALMM list, enhancing its credibility as a solar
module manufacturer. ACMEhas set up a separate entity under ACME group to operate its
Renewable Equipment Manufacturing Business. The company establishedthe solar
module manufacturing facility at Jaipur with an annual capacity of 1.2GW with an
investment of Rs 230 crore. The Jaipur facility is designed
to produce high-efficiency solar modules tocater to diverse applications—like utility-scale
power plants, KUSUM projects, Export opportunities,and rooftop installations.
The
ALMM initiative supports India’s “Make in India” initiative by promoting local
manufacturing, reducing import dependency, and generating new employment. It
also aligns with India’s renewable energy targets by ensuring domestically made
high-quality solar modules in installations.
As part of its
business growth plans, ACME Group has strengthened its Business Leadership with
the appointment of Mr. Jitendra Agrawal as the Chief Operating Officer for the
Manufacturing Business. Jitendra brings strong leadership vision to scale-up
ACME Group’s Renewable Equipment Manufacturing business in India as well as
across key international markets. He will drive ACME’s ambitious growth and
execution capabilities as the company firms up new investments to scale up the
manufacturing business as part of its long-term plan to be present across the
renewable product & ancillary equipment value chain.
Commenting
on its business plans, Mr Jitendra Agrawal, COO of ACME Renewable Equipment
Manufacturing Business said, “Our strategic
entry into the renewable equipment manufacturing business marks a significant
milestone in our journey to contribute meaningfully to India’s clean energy
transition. We are committed to scaling up this business through new capacity
enhancing investments, strengthening our portfolio and investing in
manufacturing capacity.”
ACME’s portfolio strategy
focuses on offering world-class solar modules. It has launched the ACM-HD144N
N-Type Tunnel Oxide Passivated
Contact popularly known as TOPCon Bifacial Dual Glass Mono Modules,
which has peak power ratings of 600W. These dual-glass modules are best in
class and come with a 30-year performance warranty. They help in reducing
energy cost, shorten return on total investment including that of accessories,
making them to be a great choice.The recent slash in GST rates from 12% to
5% on Solar modules makes investing in Solar Energy for all energy consumers
even more attractive by reduction in payback period by another 2 to 3 months.
These solar modules are built to handle tough conditions, including salt,
ammonia, sand, and other damaging factors.They have been tested and approved by
major global standards like IEC, UL, and ISO, showing ACME’s strong focus on
quality and trust. ACME is currently also undertaking to expand its
manufacturing to backward integrate and scale its current capacity