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Ampin Energy Transition and Japan’s Sumitomo Corp. have formed a joint venture company, Ampin C&I Power, to develop renewable energy sources in India.
With an investment of $712m, the new company marks Sumitomo’s entry into the corporate PPA sector in India…
Japan’s Sumitomo Corporation has set its foot on India’s renewable energy sector through its joint venture with AMPIN Energy Transition Private Limited that will invest $711.54m (JPY100b) to develop clean power sources in the South Asian country.
New Delhi, India – Japan’s Sumitomo Corporation has joined forces with India’s AMPIN Energy Transition Private Limited to create a new company called AMPIN C&I Power Private Limited. This company, based in New Delhi
Japan’s Sumitomo Corporation has formed a joint venture with India’s Ampin Energy Transition to establish a new holding company that will invest 100 billion yen (approximately ₹6,000 crore) in developing renewable energy sources.
