ACME Solar Holdings, Lemon Tree Hotels and Themis Medicare to see some action today

21 May 2025 Evaluate

ACME Solar Holdings (ACME Solar) has successfully commissioned second phase of ACME Sikar Solar power project in Bikaner, Rajasthan on May 19, 2025. This newly commissioned capacity of 112.5 MW follows the initial commissioned capacity of 52.5 MW in early May. With this development, the total commissioned capacity of the project stands at 165 MW out of planned 300 MW, with the remaining capacity currently under commissioning.

Lemon Tree Hotels has opened new property -- Lemon Tree Hotel, Arpora, Goa. This managed hotel is the 5th property of the group in Goa. The fresh and vibrant hotel with 56 rooms will open in two phases. In the first phase, all well-appointed rooms, Citrus Cafe--a multi-cuisine restaurant, Slounge--a recreational bar and swimming pool. The remaining areas, like the fitness center, a spa, banquet and meeting rooms, will open soon thereafter in the second phase.

Themis Medicare has entered into a Memorandum of Understanding (MoU) with Gedeon Richter Plc., Hungary its joint venture partner in Richter Themis Medicare (RTML). As per the MoU, the company shall be entitled to receive a management fee of $440,000 or 3% of RTML’s net revenue, whichever is higher, subject to achievement of certain performance targets by RTML. The management fee is paid as a compensation for company’s efforts in development of new business opportunities, regulatory compliance and for extending Corporate Governance Support.

Trishakti Industries has secured a significant contract from Jindal Stainless. Under this contract, Trishakti Industries will deploy advanced heavy machines worth Rs 5.25 crore for its ongoing Steel Project. This contract further strengthens its relationship with Jindal Stainless and is a testament to its commitment to providing high-capacity equipment for large-scale projects and further strengthens its position in the infrastructure sector. This contract will have a positive impact on the company’s operational performance in the forthcoming quarters.

Kamat Hotels (India) has signed an Agreement for the management and operation of 'IRA by Orchid Hotel at Dwarka'. The Hotel shall feature approximately 49 well-appointed rooms with a modern Banquet Hall and a multi-cuisine Restaurant, offering guests a seamless blend of comfort, convenience and signature Orchid hospitality. This strategic addition enhances the company's presence in key pilgrimage and tourist destinations across India.

Bank of Baroda has entered into a memorandum of understanding (MoU) with the Government of Tamil Nadu to offer a customised salary account package for employees of the State Government, including employees of the Police, Forest, Fire & Rescue Departments. The newly launched salary account package comes with comprehensive insurance coverage at zero cost to the employees, making it one of the most attractive offerings in the banking sector.

VL E-Governance & IT Solutions (VL E-Governance) has signed a Memorandum of Understanding (MoU) with Ekansh Concepts, under which VLE will act as the Engineering, Procurement & Construction (EPC) Partner to execute the Sankalp Industrial Smart City Project. The Sankalp Industrial Smart City Project is strategically located at the junction of the Mumbai-Nagpur Samruddhi Mahamarg and the Delhi–Mumbai Expressway, covering 494 acres in its Phase I.

ACME Solar Holdings, Lemon Tree Hotels and Themis Medicare to see some action today

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