AMPIN Energy Transition Inks Partnership with Poly Medicure for ~10MWp Solar Project in Haryana

 

• – This marks Poly Medicure’s first off-site solar PPA
• – AMPIN is the trusted renewable energy partner for leading healthcare companies, with a strong track record of repeat customers

   

New Delhi, India – 1^st April 2025 : AMPIN Energy Transition, India’s leading renewable energy transition company, has signed a Power Purchase Agreement (PPA) with Poly Medicure to supply 9.9 MWp of solar power to their five plants from AMPIN’s 75 MWp solar park in Kurungawali Sirsa, Haryana.

Under this agreement, approximately ~35% of Poly Medicure’s conventional power consumption of five plants in Faridabad will be replaced by solar power from AMPIN’s solar project. By shifting to solar power, the company is projected to realize significant cost savings, as the solar energy cost is estimated to be around 30% lower compared to existing discom power. In addition to economic benefits, this transition is expected to reduce Scope-2 emission, demonstrating Poly Medicure’s commitment to environmentally responsible operations.

Talking about the partnership, Dhruv Baid, Senior Manager, Corporate Strategy, Poly Medicure Ltd. said: “Our partnership with AMPIN Energy is a strategic step toward sustainability and operational efficiency. By addressing Scope 2 emissions, we are reducing our environmental footprint and reinforcing our commitment to protecting the natural ecosystem. AMPIN’s renewable energy solutions enable a seamless transition to solar power, reducing our reliance on conventional energy and significantly lowering our carbon footprint. We are confident that this collaboration will deliver measurable results in our sustainability journey, and we look forward to a long-term association with AMPIN.”

Pinaki Bhattacharyya, Founder, MD and CEO of AMPIN Energy Transition said: “We are happy to partner with Poly Medicure in Haryana on their renewable energy transition journey. As the preferred renewable energy transition partner to Pharma & Healthcare companies in India, we are currently serving about 10 marquee customers in this category. This new PPA is a testament to our commitment to decarbonizing the healthcare industry and delivering reliable, cost-effective renewable energy solutions that lower costs and support sustainability goals. We look forward to expanding our footprint in Haryana and driving the energy transition in the state.”

AMPIN Energy Transition is the trusted renewable energy partner for leading pharma and healthcare companies, with a strong track record of repeat customers. This milestone further reinforces AMPIN’s leadership in delivering both economic and environmental benefits to India’s commercial and industrial customers.

About Poly Medicure(SFS)

Poly Medicure Ltd is a leading medical device manufacturer and exporter from India, with its products sold in over 125 countries, making a significant global impact on healthcare. With a robust portfolio of over 200 medical devices and more than 300 patents, Polymed offers a comprehensive range of medical devices across 12 medical therapies, including infusion therapy, vascular access, dialysis and renal care, critical care, cardiology, oncology, transfusion, diagnostics, gastroenterology, anesthesia and respiratory care, urology, and surgery and wound management. Supported by 12 state-of-the-art manufacturing facilities across 4 countries, Polymed has the capacity to produce over 1.5 billion medical devices annually, meeting the ever-growing global demand. The company’s diverse product offering ensures it addresses a wide range of medical needs worldwide. www.polymedicure.com

About AMPIN Energy Transition

AMPIN Energy Transition is India’s leading renewable energy transition company with a total portfolio of 5 GWp spread across 22 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, AMPIN Energy Transition has a balanced portfolio of renewable energy assets using a blend of solar, wind and storage to provide green power to Utility and Commercial & Industrial customers. It has a unique capability to provide renewable energy for 100% 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 & Data Centres, Utilities and Government bodies. In addition to its core renewable energy generation business, AMPIN’s Energy Transition enablers enhance its competitive edge by driving strategic initiatives in energy trading, solar cell and module manufacturing, green hydrogen, and energy storage, allowing it to become one of India’s leading energy transition players. AMPIN is driven by an industry leading team and backed by leading institutional investors from Europe, Asia and North America.

For further information, please visit https://ampin.energy/

Media Contacts: Rajni Bhandari – rbhandari@ampin.energy; Alex Toppo – atoppo@ampin.energy; Sakshi Sadhu – ssadhu@ampin.energy