AMPIN Energy signs a PPA with JCAPCPL for 2.8 MWp solar project

August 11th 2023, New Delhi – AMPIN Energy Transition, a leading energy transition platform and India’s first truly balanced Renewable Energy IPP has entered into a 25-year Power Purchase Agreement (PPA) with JCAPCPL (a JV between Tata Steel & Nippon Steel) to supply 2.8 MWp of solar energy for its plant in Jamshedpur.

Ujjal Chakraborti, Managing Director of JCAPCPL, and Pinaki Bhattacharyya, Managing Director and CEO AMPIN Energy Transition signed the agreement to initiate the implementation process.

Under the terms of this agreement, AMPIN Energy Transition will install solar panels for JCAPCPL with a robust capacity of 2.8 MWp, harnessing the power of sun to generate clean and renewable energy. This will not only help JCAPCPL to reduce its carbon footprint but also solidify its role as a frontrunner in sustainable business practices within the industry.

Mr. Chakraborti, expressed his enthusiasm for this transformative partnership, stating, “We are excited to join hands with AMPIN Energy Transition to harness the power of solar energy. This collaboration is a testament to our unyielding commitment to greener operations and creating a brighter, more sustainable future. We are confident that this partnership will continue to yield a measurable outcome in our journey towards sustainability and we look forward towards a continued association with them.”

Echoing this sentiment, Mr. Bhattacharyya, stated, “Our partnership with JCAPCPL marks a significant milestone in our mission of powering the renewable energy transition in the country. AMPIN is a trusted RE partner of corporates to reach 100% RE & by leveraging the power of renewables , we aim to drive positive change in the energy landscape, fostering a cleaner and sustainable environment for generations to come.”

This strategic alliance between JCAPCPL and AMPIN Energy Transition not only underscores the potential of clean energy but also paves the way for similar initiatives that can redefine the corporate approach to sustainability.

As the solar panels become operational, the 2.8 MWp of energy generated will be seamlessly integrated into JCAPCPL’s operations, further enhancing its commitment to responsible and environmentally conscious practices.

About AMPIN Energy Transition

AMPIN Energy Transition is India’s leading renewable energy transition platform with a total portfolio of ~3GW spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, AMPIN Energy Transition has a balanced portfolio of C&I and utility customers which allows it to provide renewable energy for energy transition as well as reduce the operating costs of marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities and Government bodies.

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