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AmpIn Energy Transition to invest Rs 3,100 crore in Eastern region

Manufacturing  -  Nov 27,2023  - 

AmpIn Energy Transition has announced that it would invest Rs 3,100 crore in Jharkhand, Odisha, and Bihar, among other states.

According to a statement from the company, the investments would go toward building a 1.3 GW integrated solar cell and module manufacturing plant as well as renewable energy projects with a capacity of roughly 600 MW.

"Significant investments are planned in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh and the Northeastern states. The investment reflects our commitment of accelerating the renewable energy transition and adoption of clean energy solutions in the Eastern region," the company said.

In the Eastern region, the company said it already has the largest solar open access portfolio of 200 MWp, the largest utility power purchase agreement (PPA) with CESC for a 250 MWp of wind solar hybrid project.

The company is serving marquee customers in the region across diverse sectors such as steel and cement, IT and data centre, heavy engineering, FMCG, utility etc through its projects.

"Our investment in the region marks a significant milestone in our mission to drive the transition to renewables in the region. With the right policy intervention like Green Energy Open Access, the shift to renewables is unstoppable.

Company : AmpIn Energy Transition