AMPIN Energy Transition Inks 6 MW Solar Project Deal with Nagpur Metro Rail

New Delhi, 18 Jan 2024 – AMPIN Energy Transition (Formerly Amp Energy India), India’s leading renewable energy transition platform, announces the signing of a Power Purchase Agreement (PPA) of 25 years for a 6 MWp solar project with the Maharashtra Metro Rail Corporation Ltd. (MMRCL), Nagpur Metro Rail Project.

MMRCL is a special purpose company jointly sponsored by Government of Maharashtra (GoM) and Government of India (GoI) in 2015 for implementation of all metro projects in the State of Maharashtra outside Mumbai Metropolitan Region.

This marks AMPIN’s third solar project for a metro rail and its inaugural metro venture in Maharashtra, following two successfully operating solar projects for L&T Metro & Kochi Metro. The total capacity of this solar project is 6 MWp to be developed in two packages of 2.5 MWp and 3.5 MWp respectively.

The total capacity would be distributed across 19 sites including 13 Metro Station Rooftop GI Sheds, 2 Depot Building Rooftop RCC installations, 1 Admin Building RCC installation, and 3 Station Track Walls.

The solar project is expected to replace ~36% of grid power with solar power for Nagpur Metro, resulting in a remarkable 41% savings per unit. In terms of environmental impact, the carbon offset achieved by this initiative would be approx. 7,000MT of CO2 annually for the life of the project.

“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 successful implementation of 2 metro projects in different states positions AMPIN well to contribute significantly to Maharashtra’s renewable energy goals for mass public transportation,” said by Mr. Pinaki Bhattacharyya, MD and CEO, AMPIN Energy Transition.

AMPIN is a leading renewable energy IPP in Maharashtra and a trusted renewable energy transition partner for corporates in the state. With an active portfolio of ~230MWp of assets under the open access and distributed generation mode, AMPIN is catering to 8-9 marquee customers in the state.

About AMPIN Energy Transition

AMPIN Energy Transition is India’s leading renewable energy transition platform with a total portfolio of ~3GWp spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, AMPIN is run by an industry leading team of professionals and backed by leading institutional investors from Europe, Asia and North America. AMPIN has a balanced portfolio C&I and utility customers, providing complete renewable energy transition solutions while reducing their operating costs. It has marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacentres, Utilities and Government bodies. For further information please visit, https://ampin.energy/ or contact- Rajni Bhandari ([email protected] ).