AmpIn Energy Transition set to invest Rs 3,100 Crore in solar generation and manufacturing

0
70

AmpIn Energy Transition, India’s leading renewable energy platform, is set to significantly impact the Eastern region of India with a significant investment of INR 3,100 crores, aiming to establish renewable energy projects of over 600 MW and establish an integrated solar cell manufacturing facility.  Significant investments are planned in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh & Northeastern States. The investment reflects AmpIn Energy Transition’s commitment of accelerating the renewable energy transition and adoption of clean energy solutions in the Eastern region.

AmpIn, a regional company, has the largest solar open access portfolio in the region, including a 250 MW wind solar hybrid project and a 10.5 MW Behind the Meter industrial solar project. This diversified portfolio helps customers save 25%-40% on energy costs and significantly reduces their carbon footprint, serving major sectors like cement, steel, IT, heavy engineering, FMCG, and utility. AmpIn is constructing a 1.3 GW solar manufacturing facility in Odisha, aiming to boost the country’s solar energy ambitions and self-sufficiency.

The facility’s strategic location in the eastern region will contribute to economic growth, create job opportunities, and position the region as a key player in the renewable energy sector.  Mr. Pinaki Bhattacharyya, MD and CEO, AmpIn Energy Transition, expressed “The 4 wheels that must be synchronised for Energy Transition: financial markets, industry that decarbonises and saves energy costs, energy transitioners that create solutions for renewable energy transition, and government that sets the right policies to support the transition for the Eastern region.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here