Gurugram based ACME Cleantech Solutions Private Limited signed an MoU, in the presence of Chief Minister Basavaraj Bommai, to invest Rs 52,000 crore to establish a Hydrogen and Ammonia Plant with an associated Solar Power unit in Mangaluru.
The MoU was signed by Dr EV Ramana Reddy, Additional Chief Secretary in the Commerce and Industries department and Sandeep Kashyap, Chief Operating Officer of ACME Cleantech Solutions.
It may be recalled that Renew Power had signed an MoU for an investment of Rs50,000 cr in the renewable energy sector with the State during the recent World Economic Forum Meet held at Davos in Switzerland.
Energy minister V Sunil Kumar, Cooperation minister ST Somashekar, Commissioner of Industries department Gunjan Krishna, ACME Group officials MVVS Reddy, Arun Chopra and others were present.