Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with Amp Energy India, one of India’s first truly balanced renewable IPP for its solar energy requirements.
The solar project capacity is 30 MW and would be provided from Amp Energy India’s open access facility in Mallat Village, Raichur district in Karnataka. This is Amp’s third open access project in the state of Karnataka.
Bosch Limited and Amp Energy India have signed a Power Purchase Agreement (PPA) for procurement of solar power for 25 years.
This solar open access facility commissioned this month will generate about 43MUs of green energy per year for Bosch Limited and will meet about40% of their energy consumption.
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This project will provide solar power to energize 3 Bosch’s plants/facilities in and around Bangalore and by switching to solar power, Bosch will also help mitigate about 31,000 tons of CO2 per annum.
“Solar energy adoption in India by top companies in India has seen a major growth over the last few years, especially post the challenges posed by the COVID pandemic. We are thankful to the Bosch team for extending their continuous support to us since the beginning. With this partnership, we are sure Bosch will setup benchmarks for other conglomerates to follow to switch to clean energy for their growth in the country and move towards accomplishing their RE100 targets,” Mr. Pinaki Bhattacharyya, MD and CEO, Amp Energy India said.
“Bosch globally is stepping up its investments in green energy there by investing in renewable in-house generation power plants and entering into exclusive long-term purchase agreements with partners like Amp Energy.India is an important and key market for us, and we would like to help the country reach its true potential. We are happy to partner with Amp Energy for this project that has helped achieve our sustainability objectives in a timely manner,” said, Mr. Soumitra Bhattacharya Managing Director, Bosch Limited & Regional President, Bosch Group in India.
Amp Energy India with its diversified portfolio of projects has already developed large open access projects including some landmark projects such as the Largest Solar Open Access Project in Maharashtra (30MW), the First captive solar open access project in Uttar Pradesh (42MW) and its second open access project in Maharashtra (13.5MW).
About Amp Energy India
Amp Energy India is India’s first truly balanced Renewable Energy IPP with a total portfolio of about 1.5GW+ spread across 15 states in the country. Amp India has a balanced portfolio of C&I and utility customers which allows it to provide clean and green energy solutions to 45+ marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities and Government bodies.Amp Energy India acts as a One Stop Shop for Energy providing renewable energy solutions to customers across technologies such as Solar, Wind, Hybrids, Storage and Energy Management and has the ability to meet short-term, medium-term and long-term requirements of its customers.
Amp Energy India is also associated with the Amp Energy Group headquartered in Toronto, Canada. With about $2 Billion total Capex financed globally, Amp Energy is a global energy transition platform backed by leading investors such as the Carlyle Group with a focus on the key renewable markets such as US, Canada, India, Japan, Spain and Australia globally.
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