Scatec, ACME put 900 MW solar power plant in Rajasthan on hold

Scatec and Acme Solar have decided to put on hold their 900 MW solar PV project in the Indian State of Rajasthan.

Scatec cited a lack of supply of domestic solar panels and a 40% import duty on solar panels to be imposed from April as the reasons for putting the project on hold. Due to these, the project has been moved from backlog to pipeline.

Scatec has a 50% stake in the Rajasthan solar project being developed by Acme. The PV plant was scheduled for commissioning in 2022. It will benefit from a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India.