AmpIn Energy Transition to Revolutionise Eastern India’s Power Landscape with Rs 3,100 Crore Investment

AmpIn Energy Transition

AmpIn Energy Transition, a pioneering force in India’s renewable energy transition sector, is poised to reshape the Eastern region’s power dynamics with a groundbreaking investment of INR 3,100 crores.

This substantial commitment includes the establishment of renewable energy projects exceeding 600 MW+ in capacity and an integrated manufacturing facility for solar cells and modules. The regions set to benefit from these significant investments are West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh, and the Northeastern States. AmpIn Energy Transition’s initiative underscores its dedication to expediting the adoption of clean energy solutions and accelerating the renewable energy transition in Eastern India.

In Eastern India, AmpIn boasts the largest solar open access portfolio, exceeding 200 MWp, a monumental utility Power Purchase Agreement (PPA) with CESC for a 250 MWp wind-solar hybrid project, and the Eastern region’s most extensive Behind the Meter industrial solar project, with a capacity of 10.5 MW catering to industrial clients. With a diverse portfolio of assets, AmpIn is helping its clients achieve energy cost savings ranging from 25% to 40%, while also significantly reducing their carbon footprint. The company serves prominent clients across various sectors, including Cement & Steel, IT & Data Centers, Heavy Engineering, FMCG, and Utilities, through its innovative projects.

Mr. Pinaki Bhattacharyya, MD and CEO of AmpIn Energy Transition, expressed, “The time has come for Eastern India, historically associated with coal, to embrace renewable energy. Our investment in the region marks a significant milestone in our mission to propel the transition to renewables. AmpIn stands ready to collaborate with any customer to help them achieve 100% Renewable Energy, and we firmly believe that, with the right policy interventions like Green Energy Open Access, the shift to renewables is inevitable. Furthermore, the establishment of integrated solar cell and module manufacturing capacity in the region will further bolster the renewable energy push. Successful energy transition in the Eastern region necessitates synchronized efforts from financial markets, industries adopting energy-saving and decarbonization practices, energy transition solution providers, and supportive government policies at both central and state levels.”

Additionally, AmpIn is set to establish a state-of-the-art 1.3 GW solar manufacturing facility in Odisha, reaffirming its commitment to advancing India’s solar energy aspirations and self-sufficiency. The strategic placement of this manufacturing unit in the Eastern region underscores AmpIn Energy Transition’s dedication to fostering economic growth in the area. The 1.3 GW solar manufacturing unit is expected to generate job opportunities, stimulate economic development, and position Eastern India as a pivotal player in the renewable energy sector.

In a move to further drive awareness and collaboration, AmpIn conducted a seminar on Renewable Energy Transition for Commercial and Industrial Consumers in Kolkata, in partnership with the industry association FICCI. The event featured dynamic panel discussions among energy leaders from the government and industry, financiers, and other stakeholders, deliberating on the roadmap to achieve 100% Renewable Energy adoption for Corporates and Industrial consumers in East India.

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