ACME Solar says Sikar project unaffected by Rajasthan transmission constraints

ACME Solar clarified that the ACME Sikar project has adequate transmission and evacuation infrastructure in place and continues to inject power as per the power purchase agreement. The company emphasised that the recent report on 4 GW of stranded solar capacity in Rajasthan does not apply to this particular project, and that there is no curtailment or evacuation bottleneck impacting its generation or revenues.

Key highlights

ACME Solar Holdings has formally clarified that the ACME Sikar solar project is not subject to evacuation or transmission constraints.

The clarification directly addresses a media report titled “4 GW solar capacity in Rajasthan hit by transmission constraints”.

The company says all contractual obligations for evacuation from the Sikar project are being met and power flows remain normal.

ACME reiterates its commitment to reliable project execution in Rajasthan and assures stakeholders that the Sikar asset’s performance and cash flows remain intact.

Sources: Company clarification/press note by ACME Solar Holdings referring to media report on Rajasthan solar transmission constraints