Daily News Wrap-Up: AC Energy to Develop a 70 MW Solar Project in Gujarat

Mercom India | Oct 21, 2020 at 6:33 AM
  • AC Energy, an energy arm of Ayala Corporation, has revealed its plan to expand its renewable energy business in India by developing a 70 MW solar project in Amreli, Gujarat.
  • The 70 MW solar project, with an estimated cost of $36 million, is expected to begin power generation in the first half of 2021 and will supply energy to Gujarat Urja Vikas Nigam Limited.
  • The construction of the project’s energy storage component is expected to begin in early 2021, and it will be operational by the second half of 2021.