ACME Group is an Indian clean energy company focused on utility-scale solar power and emerging green hydrogen and green ammonia projects. Founded by Manoj Kumar Upadhyay and headquartered in Gurugram, the company has developed, built, and operated solar photovoltaic plants across multiple Indian states and is pursuing integrated green-fuels projects aligned with global decarbonization goals.
ACME has been an active participant in India’s renewable energy buildout and has announced international initiatives to produce export-grade green ammonia using renewable electricity and electrolysis. Recognized for its engineering and execution capabilities, ACME’s portfolio spans project development, EPC, and operations and maintenance for large solar assets, alongside plans for green hydrogen and ammonia facilities in India and the Middle East. Its strategy reflects a shift from conventional telecom energy solutions to scalable renewable energy platforms, positioning the company to contribute to energy transition priorities in domestic and global markets.
This comprehensive guide provides essential insights into Acme group of companies's operations, culture, and recruitment process, equipping readers with the knowledge needed to excel in interviews and understand the company's strategic direction.
1. Company Overview
About Acme group of companies
ACME Group (ACME Cleantech Solutions) is an Indian renewable energy developer known for utility-scale solar projects and for advancing green hydrogen and green ammonia initiatives.
Headquartered in Gurugram, the company undertakes end-to-end activities across development, engineering, procurement, construction, and O&M. ACME has publicly announced plans for integrated green-fuels projects, including in Oman, reflecting its push to support industrial decarbonization and clean energy exports.
| Attribute | Details |
|---|---|
| Founded | 2003 |
| Founders | Manoj Kumar Upadhyay |
| Industry | Renewable Energy (Solar Power, Green Hydrogen, Green Ammonia) |
| Headquarters | Gurugram, India |
| Key Services | Utility-scale solar project development, EPC, and O&M; development of green hydrogen and green ammonia projects |
Company History
Trace s evolution through key periods, highlighting major transformations and growth phases.
- 2003: Founded in Gurugram, Haryana, as ACME Tele Power Limited to provide energy management solutions for the telecom sector.
- 2004: Introduced patented products like Green Shelter and Power Interface Unit (PIU).
- 2006: Expanded into Africa by acquiring REIME Group and set up a large manufacturing line for Polyurethane Foam (PUF) panels.
- 2008: Entered solar power generation with a tower technology-based solar thermal project.
- 2011-2013: Commissioned its first solar photovoltaic (PV) power plant and developed a lithium-powered Energy Storage System.
- 2015: Became India's largest solar power developer with a portfolio of over 1,500 MW.
- 2018: Became the largest solar power developer in India with a portfolio exceeding 5.5 GWp.
- 2021-2022: Raised USD 334 million in offshore green bonds and set up the world's first integrated Green Hydrogen and Ammonia project in Rajasthan.
Key Milestones in Acme group of companies History
Critical achievements that shaped Acme group of companies's trajectory and market position.
| Year | Milestone / Achievement |
|---|---|
| 2003 | ACME Group was founded with a focus on energy management and innovative solutions. |
| 2004 | Introduced patented energy-efficient products, marking its early technological advancement. |
| 2006 | Expanded international operations by entering the African market. |
| 2008 | Entered the solar power sector, diversifying into renewable energy. |
| 2011 | Commissioned its first Solar PV plant, marking its transition to a clean energy producer. |
| 2015 | Became India’s largest solar power developer. |
| 2017 | Achieved a record low solar tariff, setting a new benchmark for the industry. |
| 2021–2022 | Raised major funds and launched a pilot green hydrogen and ammonia project. |
| 2023–2024 | Surpassed 6 GWp capacity, received industry recognition, launched an IPO, and commissioned a large solar plant. |
| 2025 | Commissioned its first wind project, expanding its renewable portfolio to about 7 GW. |
2. Mission, Vision, and Values
Core principles and strategic direction sourced directly from Acme group of companies's official website.
Mission
Dedicated to delivering clean, renewable energy solutions that are both environmentally responsible and economically accessible to all.
Vision
Focused on creating advanced, future-ready energy systems that redefine how the world produces, distributes, and consumes power.
Core Values
Acme group of companies corporate values as officially listed on its website. Do not include unrelated principles, mottos, or cultural statements.
- Experimentative - Encouraging creativity and curiosity to explore new ideas that drive impactful energy solutions.
- Problem Solving - Tackling challenges with analytical thinking and practical approaches to deliver effective outcomes.
- Innovation - Continuously developing breakthrough technologies and methods that redefine the energy landscape.
- Climate Compliant - Committed to sustainability and aligning all operations with global environmental standards.
- Growth and Profit - Striving for balanced progress that ensures both organizational success and stakeholder value.
- Respect and Recognition - Fostering a culture where every individual’s contribution is valued and celebrated.
- Equitable and Fair - Ensuring transparency, inclusivity, and fairness in every decision and action.
- Execution Excellence - Delivering on commitments with precision, efficiency, and the highest standards of performance.
- Nimble and Entrepreneurial - Adapting swiftly to change while nurturing an ownership mindset that drives innovation and agility.
3. Comprehensive Product and Service Offerings
ACME develops, builds, owns, and operates renewable energy assets, with a focus on utility-scale solar power, and is advancing green hydrogen and green ammonia projects. Its offerings span project development, EPC, and O&M, supporting reliable delivery of clean energy and emerging green fuels for industrial and export markets.
1.Utility-Scale Solar Power
ACME develops grid-connected solar photovoltaic projects across India, covering the full lifecycle from development and engineering to construction and long-term operations and maintenance.
- Project Development: Site identification, resource assessment, permitting, power sales strategy, and financial closure for large-scale solar assets.
- EPC (Engineering, Procurement and Construction): End-to-end project execution including design, module and equipment procurement, construction, commissioning, and grid integration.
- Operations & Maintenance (O&M): Performance monitoring, preventive and corrective maintenance, and lifecycle asset management to maximize plant uptime and yields.
2.Green Hydrogen & Green Ammonia
ACME is developing integrated green hydrogen and green ammonia projects that combine renewable power and electrolysis to produce export-grade green fuels for industrial use and international markets.
- Integrated Green Ammonia Projects: Large-scale facilities designed to produce green ammonia from renewable electricity and hydrogen, including the announced project in the Duqm Special Economic Zone, Oman.
- Electrolyzer-Based Hydrogen Production: Production of green hydrogen via water electrolysis powered by renewable energy, enabling decarbonization of hard-to-abate sectors.
- Export and Industrial Offtake Enablement: Project configurations aligned to export logistics and domestic industrial use-cases such as fertilizers, refining, and chemicals.
3.Hybrid & Storage Solutions
To improve reliability and grid compatibility of renewables, ACME structures solar-plus-storage and hybrid architectures where applicable.
- Solar-Plus-Storage: Combining solar PV with battery energy storage to provide firm, dispatchable clean power and ancillary services.
- Hybrid Renewable Configurations: Design and integration of hybrid systems (for example, solar with other resources) to optimize generation profiles and grid stability.
- Energy Management & Optimization: Controls and monitoring strategies to maximize asset performance and align with grid and offtaker requirements.
4. Key Competitors of Acme group of companies:
1. Adani Green Energy Limited
Adani Green Energy Limited is a major Indian renewable energy company developing, owning, and operating utility-scale solar, wind, and hybrid projects. It competes with ACME Group for large renewable tenders, long-term power purchase agreements, and execution of giga-scale projects.
- Overview: Part of the Adani Group, focused exclusively on renewable generation with projects across multiple Indian states.
- Services: Development, construction, and operation of utility-scale solar, wind, and hybrid plants; project execution and O&M; long-term PPAs with utilities and corporations.
- Market Position: One of India’s largest renewable developers with a significant pipeline and operational portfolio in utility-scale clean energy.
2. ReNew (ReNew Energy Global)
ReNew is a leading independent power producer in India with a diversified portfolio across utility-scale wind, solar, hybrid, and storage. It competes with ACME in bidding for central and state tenders and in offering firm, round-the-clock renewable solutions.
- Overview: Headquartered in Gurugram, with projects distributed nationwide and initiatives in energy storage and green hydrogen.
- Services: Development and operation of solar, wind, and hybrid assets; energy storage; corporate and utility PPAs; O&M services.
- Market Position: Among India’s top renewable IPPs with a diversified asset base and long-term offtake agreements.
3. Tata Power Renewable Energy Limited (TPREL)
Tata Power Renewable Energy Limited, a subsidiary of Tata Power, develops and operates solar and wind assets at utility and distributed scales. It competes with ACME in project development, EPC execution, and rooftop/utility-scale solar solutions.
- Overview: Part of the Tata Group with a presence across utility-scale and distributed renewable projects in India.
- Services: Utility-scale solar and wind generation, solar EPC, rooftop solar, and O&M.
- Market Position: A well-established player with strong brand backing and execution capabilities across renewable segments.
4. Greenko Group
Greenko develops integrated renewable energy projects with storage, including pumped hydro, to deliver firm and dispatchable renewable power. It competes with ACME in large-scale renewable and round-the-clock tenders requiring storage-backed solutions.
- Overview: An energy transition company with a portfolio spanning wind, solar, hydro, and large-scale energy storage.
- Services: Development and operation of renewable generation, pumped storage, and grid-scale storage-enabled RTC power.
- Market Position: A leading provider of firm renewable energy solutions in India supported by integrated storage assets.
5. Azure Power
Azure Power is an Indian renewable energy developer focused primarily on utility-scale solar projects under long-term PPAs. It competes with ACME in national renewable auctions and execution of large solar parks.
- Overview: Independent power producer developing, constructing, and operating solar power plants across India.
- Services: Utility-scale solar development and operations; O&M; long-term power contracting.
- Market Position: An established participant in India’s utility-scale solar sector with a multi-state project footprint.
5. Career Opportunities at Acme group of companies
Acme group of companies offers diverse career paths across its global operations, providing opportunities for professionals at various stages of their careers. The company's commitment to talent development and inclusive growth creates an environment where individuals can build meaningful and impactful careers.
Job Profiles and Departments
Explore the wide range of professional opportunities available across Acme group of companies organizational structure:
- Engineering (Electrical, Mechanical, Civil, Chemical/Process): Design and optimize utility-scale renewable energy assets, balance-of-plant systems, and process units for emerging green hydrogen/ammonia applications. Roles include detailed engineering, design reviews, grid interconnection, process modeling, reliability engineering, and digital/SCADA integration. Skills: power systems, process design, CAD/CAE tools, safety-by-design, and standards compliance. Progression can lead to lead engineer, discipline manager, and technical authority roles.
- Project Development & EPC Management: End-to-end responsibility for site identification, permits, contracting, scheduling, and execution of renewable and green molecule projects. Positions span developers, planners, contract managers, construction managers, and commissioning leads. Skills: project controls, stakeholder management, EPC interfaces, contracts (EPC/BoP/O&M), and risk management. Growth paths include program management and portfolio leadership.
- Operations, Maintenance & Asset Management: Operate and maintain assets to maximize availability, performance ratio, and safety compliance. Roles include O&M engineers, reliability engineers, performance analysts, and CMMS/SCADA specialists. Skills: preventive and condition-based maintenance, root-cause analysis, spares planning, and KPI-driven asset optimization. Careers progress into regional asset management and fleet performance leadership.
- Health, Safety, Environment & Quality (HSE/QA-QC): Build and enforce a strong safety culture across engineering, construction, and operations. Responsibilities cover HAZOP/HAZID, work-permit systems, regulatory compliance, audits, and emergency preparedness. Skills: NEBOSH/IOSH, process safety, environmental management, ISO/IMS frameworks, and contractor safety management. Pathways lead to site HSE leadership and corporate HSE governance roles.
- Supply Chain, Procurement & Commercial: Manage strategic sourcing for modules, inverters, structures, rotating equipment, process packages, and services. Roles include category managers, logistics, expediting, and contract management. Skills: cost benchmarking, negotiation, vendor qualification, Incoterms/logistics, and claims management. Career growth includes category leadership and commercial strategy.
- Corporate Functions (Finance, Legal & Compliance, HR, IT/OT, Strategy & BD): Enable business scale-up through project finance, treasury, controllership, legal and regulatory compliance, talent acquisition, and digital enablement (ERP, cybersecurity, OT/SCADA). Strategy and business development roles focus on offtake structuring, partnerships, and policy interface. Growth leads to functional leadership and enterprise roles.
Growth and Development Opportunities
Acme group of companies invests significantly in employee development through structured programs and initiatives:
- Technical Learning & Certifications: Role-aligned upskilling on power systems, process safety, and digital operations (SCADA/analytics), along with recognized external certifications relevant to renewables and process industries.
- Leadership Development: Managerial and leadership tracks that emphasize execution excellence, stakeholder management, and cross-functional decision-making for high-potential talent.
- Cross-Functional & International Exposure: Opportunities to work across development, EPC, and O&M; exposure to global suppliers, technology partners, and export-oriented projects in emerging green molecules.
- Innovation & R&D Participation: Involvement in pilots and scale-ups for green hydrogen/ammonia, process optimization, and digitalization initiatives that improve safety, efficiency, and cost.
- Inclusive Workplace & Wellbeing: Focus on an equitable, safe workplace with policies that support diversity, employee wellbeing, and work-life balance.
6. Future Outlook and Strategic Plans
This section presents Acme group of companies's official strategic direction based on investor presentations, press releases, and sustainability reports. All information is sourced from verified company communications and reflects confirmed initiatives and goals.
Acme group of companies's future strategy is structured around key focus areas designed to align with global market trends and industry evolution:
1. Green Hydrogen and Green Ammonia Scale-Up
Acme group of companies outlines a roadmap to build integrated green hydrogen and green ammonia capacity by coupling large-scale renewable energy with electrolysis and ammonia synthesis. The approach centers on developing export-oriented hubs close to port infrastructure while continuing domestic development aligned with industrial decarbonization needs.
The strategy emphasizes phased execution, bankable offtake arrangements, and technology-agnostic design to adopt the most competitive electrolyzer and process technologies. Safety, water stewardship, and grid integration are core design principles. By anchoring projects in regions with high solar/wind resources and enabling policy, the company targets competitive delivered costs and reliable supply to priority sectors such as fertilizers, refining, shipping, and chemicals.
- Development of a large-scale green ammonia project in Duqm (Oman) designed for export markets.
- Integration of utility-scale renewable generation with electrolysis and ammonia synthesis for end-to-end green molecule production.
- Partnerships and offtake arrangements with international counterparties to underpin phased investments.
- Phased commissioning plan through the second half of the 2020s, with scale-up aligned to market demand and policy support.
2. Sustainability and ESG Goals
The sustainability agenda is grounded in lifecycle emissions reduction, rigorous HSE standards, and responsible resource management across development, construction, and operations. Projects prioritize renewable electricity inputs, water efficiency solutions, and responsible waste management, with biodiversity and community considerations embedded in siting and execution. Governance practices emphasize compliance, ethical conduct, and transparent reporting as the company scales green molecule assets.
- Renewable electricity-driven production pathways to reduce Scope 1 and 2 emissions intensity.
- Water stewardship measures, including efficient use, recycling, and appropriate treatment solutions for arid geographies.
- Strong HSE systems, including process safety reviews (HAZOP/HAZID), contractor safety management, and emergency preparedness.
- Waste minimization and environmental management plans across construction and operations.
3. Market Expansion
Market development focuses on expanding utility-scale renewables in India and building export corridors for green ammonia from resource-rich regions. Customer growth targets include established industrial users transitioning to low-carbon feedstocks and fuels. The company’s portfolio approach balances domestic demand growth with international offtake opportunities.
- Scale-up of utility-scale renewable energy development within India to support green molecule production.
- Expansion into Middle East export hubs for green ammonia serving Europe and Asia.
- Co-located renewable and ammonia facilities near ports to optimize logistics and storage.
- Targeting fertilizer, refining, chemicals, and maritime segments for offtake growth.
4. Innovation and R&D
Innovation efforts prioritize process integration, safety, and cost reduction across the green hydrogen-to-ammonia value chain. This includes evaluating electrolyzer technologies (alkaline, PEM) for reliability and cost, optimizing ammonia synthesis under variable renewable inputs, and deploying advanced digital systems for predictive operations. Pilot plants and demonstrations inform scale-up decisions and accelerate learning rates.
- Evaluation and qualification of electrolyzer technologies and suppliers for bankable deployment.
- Pilot and demonstration projects to validate production, storage, and handling of green ammonia.
- Collaborations with technology providers and research organizations for process and safety enhancements.
- Development of control strategies and operational know-how to improve efficiency and uptime.
5. Talent and Workforce Strategy
Scaling a specialized, safety-first workforce is central to execution. The talent plan emphasizes hiring across engineering, project management, operations, and HSE while upskilling teams in electrochemistry, process safety, and digital operations. Diversity, equity, and inclusion principles guide hiring and development. Performance-centric pathways support career growth from site leadership to enterprise roles.
- Targeted hiring for engineering, EPC, O&M, and HSE as projects move from development to execution.
- Diversity and inclusion initiatives to broaden talent pipelines and perspectives.
- Upskilling and certification opportunities in safety, process operations, and digital tools.
- Agile work models and collaboration tools to support geographically distributed teams.
6. Financial Performance Goals
Financial strategy centers on disciplined capital allocation to offtake-backed, phased projects, leveraging project finance and green capital where appropriate. The focus is on lowering delivered cost through standardized designs, strategic sourcing, and strong supplier partnerships, while maintaining robust risk controls across development and execution.
- Revenue visibility through long-term, creditworthy offtake structures for green ammonia/hydrogen.
- Prioritized capex for scalable phases with proven technology and infrastructure readiness.
- Use of non-recourse project finance and green instruments subject to market conditions.
- Cost optimization via design standardization, supply-chain partnerships, and operational efficiencies.
7. Latest News & Updates about Acme group of companies
Stay informed about Acme group of companies's recent developments, announcements, and industry recognition through curated news coverage.
8. Conclusion
Acme group of companies operates across the clean energy value chain, with capabilities spanning utility-scale renewables and emerging green molecules such as green hydrogen and green ammonia. The company’s execution model emphasizes safety, engineering rigor, and responsible growth, supported by partnerships and a phased, bankable approach to project development.
Strategically, it focuses on export-oriented hubs and domestic decarbonization opportunities, aligning with policy momentum and industrial demand. By integrating technology evaluation, process innovation, and strong supply-chain practices, the organization positions itself to deliver reliable, cost-competitive solutions that advance energy transition goals and create long-term value. For candidates, Acme group of companies offers roles that directly shape next-generation energy systems-across engineering, project delivery, operations, HSE, supply chain, finance, and strategy.
The work provides exposure to global partners, complex infrastructure, and cutting-edge technologies, with clear pathways to grow from site and functional roles into leadership. Applicants who combine technical depth, safety-first execution, and stakeholder agility will find opportunities to make measurable impact while building resilient, future-ready careers.
Key Takeaways for Aspiring Acme group of companies Candidates
- Research and Preparation: Thoroughly understand Acme group of companies business model, recent developments, and strategic initiatives. Stay updated on industry trends and the company's competitive positioning to demonstrate genuine interest and knowledge during interviews.
- Cultural Alignment: Familiarize yourself with Acme group of companies values, mission, and corporate culture. Prepare examples from your experience that demonstrate alignment with these principles and showcase how you can contribute to the company's objectives.
- Technical Competency: Develop relevant skills and knowledge specific to your target role at Acme group of companies. Understand the technical requirements and industry standards that apply to your area of interest within the organization.
- Industry Awareness: Stay informed about broader industry trends, challenges, and opportunities that affect Acme group of companies business. This knowledge will help you engage in meaningful discussions about the company's strategic direction and market position.