ACME, a leader in the development of green technology solutions in India, announced that it has secured an order for constructing the ‘Games Village’ at 35th National Games to be held in Kerala in 2015. ACME, L1 in the bid, won the bid at Rs.36.57 crore.
The company, which is also a leading manufacturer of state-of-the-art PUF panels with in-house manufacturing plant, will construct housing units in the Games Village using PUF-based prefab technology in EPC mode, covering design, supply, transportation and erection at the site, including internal services.
The facility will be spread over 28 acres of land belonging to Kerala SIDCO in Menamkulam and will house approximately 5,000 persons.
ACME plans to use prefabricated technology that will help the Games authority make the event greenest, energy efficient, cost effective and time saving. Further, to lower costs involved, the advantage of having a prefab village would also ensure negligible operation costs. It can also be relocated to any other site with only 10-15 per cent cost for dismantling an existing structure and reassembling it.
Manoj Kumar Upadhyay, Chairman, ACME, said, “ACME is proud to be associated with XXXV National Games Kerala and privileged to contribute to the making of the history and setting world-class standards. The construction of state-of-the-art infrastructure in a short span of time is a reflection of ACME’s expertise and capability in this domain. We believe that this infrastructure marvel will serve as an ideal model for the country reeling under pressure to provide residential infrastructure to it’s over one billion population.”
Citing the report ‘The Global Prefabricated Buildings Market – Key Trends and Opportunities to 2017,’ ACME said that developing economies in Southeast Asia, including India, held prospects for future growth in the prefabricated infrastructure segment which was likely to grow at a CAGR of 8.59 per cent till year 2017. The scope of this technology and its implementation was very high in the country, considering its cost-effectiveness and ability to function in all terrains, the company noted.
In February this year, ACME Solar was selected as the solar power developer for 100-MW solar PV power projects during the financial bids opening for phase-II of JNNSM.
ACME Solar is a three-way joint venture between ACME, EDF Energies Nouvelles (EDF EN), the renewable energy arm of French state-run electricity utility Électricité de France S.A., and Luxembourg-based natural resources saving group EREN. The joint venture has an existing portfolio of 67.5 MW and on way to have solar power generation portfolio of 1,000 MW by 2017.