PRESS RELEASE
Amp Energy India commissions solar power project for Bosch Limited
This is Amp’s 3rdSolar Open Access project in Karnataka
New Delhi, 4 January 2022: Bosch Limited, a leading provider 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, India’s first truly balanced renewable IPP, for its solar energy requirements. The solar project would have a capacity of 30 MW and would be supplied by Amp Energy India’s open access facility in Mallat Village, Raichur district, Karnataka. In the state of Karnataka, this is Amp’s third open access project.
Bosch Limited and Amp Energy India have signed a 25-year Power Purchase Agreement (PPA) for solar power procurement. This solar open-access facility, which was completed this month, will generate approximately 43MUs of green energy per year for Bosch Limited, accounting for approximately 40% of their energy consumption. This project will provide solar power to three Bosch plants/facilities in and around Bangalore, and by switching to solar power, Bosch will help mitigate approximately 31,000 tonnes of CO2 per year.
Solar energy adoption in India by top companies in India has seen 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 set up 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 thereby 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.
With its diverse portfolio of projects, Amp Energy India has already developed large open access projects, including 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).
Also read, Bosch braces up for BS-VI norms
