Amplus ups solar investment to 750 Cr. in UP
Amplus Energy Solutions, Asia’s leading distributed and rooftop solar company, announces a fresh round of investment of Rs. 500 Crores for its second open access solar project of 100MW in Distt. Deoria, Uttar Pradesh. The ground-breaking ceremony by the UP government in July will kick-off this project. Prior to this, Amplus has already committed investment of Rs. 250 Crore setting up a 50 MW solar open access project in Mirzapur. The Mirzapur project is under construction and expected to be commissioned by September.
A power importing state, Uttar Pradesh, aims to become self-sustainable in energy generation. Uttar Pradesh Electrcity Regulatory Commission (UPERC) has played an active role in formulating regulations, vitalising the solar energy sector. With strong support from UPIIDC and UPPTCL in getting the requisite approvals, Amplus projects will add the much needed generation capacity within the state.
The plant to be set up in Deoria aims to boost the UP Government’s solar ambition. This project will generate 700 jobs and supply green energy to many industries located in the state. UP is a highly industrialised state with several large manufacturing units and commercial office complexes. With the option to procure green energy at competitive rates, industries will be further incentivised to expand their operations in UP.
Amplus has been a committed clean energy partner for many commercial and industrial customers. It owns and operates several on-site solar projects in UP, including India’s first solar powered expo centre at IEML, Noida and one of India’s largest rooftop solar plants for self-consumption, a 6.2 MW plant at Yamaha, Noida.
“We are excited to partner with Uttar Pradesh and with the strong support for these two projects that we are constructing, we are looking forward to adding more capacity in the state in the coming years”, said Sanjeev Aggarwal, Amplus’ Managing Director and CEO.
Earlier this year, Amplus had also announced two open access projects in Haryana, showing its commitment to enhancing renewable energy capacity building in India. Amplus already owns India’s largest single location open access solar project in Gadag, supplying 175 MW solar power to businesses in Karnataka.
Source: Energy Next