India Procurement News Notice - 57617


Procurement News Notice

PNN 57617
Work Detail In a significant move towards bolstering sustainable energy initiatives, AmpIn Energy Transition, formerly known as Amp Energy India, has announced the signing of a 25-year Power Purchase Agreement (PPA) for a 6 MWp solar project with the Maharashtra Metro Rail Corporation Ltd. (MMRCL), a special purpose company jointly sponsored by the Government of Maharashtra and the Government of India for metro projects in the state. This venture marks AmpIn’s third solar project for a metro rail and its inaugural metro initiative in Maharashtra, following successful implementations for L&T Metro and Kochi Metro. The 6 MWp solar project will be developed in two packages, with a total capacity distributed across 19 sites, including metro station rooftops, depot buildings, and administration structures. The project is expected to replace approximately 36% of grid power with solar power for the Nagpur Metro, resulting in a noteworthy 41% savings per unit. In terms of environmental impact, the initiative is projected to offset approximately 7,000 metric tons of CO2 annually throughout the project’s lifespan. Expressing enthusiasm for the collaboration, Mr. Pinaki Bhattacharyya, MD and CEO of AmpIn Energy Transition, stated, “We are excited to partner with MMRCL in bringing sustainable energy solutions to Nagpur Metro. This project aligns with our commitment to fostering a cleaner and greener environment. Our experience with the successful implementation of two metro projects in different states positions AmpIn well to contribute significantly to Maharashtra’s renewable energy goals for mass public transportation.” AmpIn, a leading renewable energy Independent Power Producer (IPP) in Maharashtra, has established itself as a trusted partner for corporates in the state, with an active portfolio of approximately 230 MWp of assets under the open access and distributed generation mode. The company is currently serving 8-9 marquee customers in the region.
Country India , Southern Asia
Industry Energy & Power
Entry Date 20 Jan 2024
Source https://solarquarter.com/2024/01/18/ampin-energy-transition-secures-25-year-power-purchase-agreement-for-6-mwp-solar-project-with-maharashtra-metro-rail/

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