AmpIn Inks PPA for Nagpur Metro’s 6 MW of Rooftop Solar Projects
The projects will be developed in two packages of 2.5 MW and 3.5 MW
Independent power producer AmpIn Energy Transition has signed a power purchase agreement (PPA) of 25 years for 6 MW rooftop solar projects with the Maharashtra Metro Rail Corporation (MMRCL) for the Nagpur Metro Rail Project.
The solar projects will be developed in two packages of 2.5 MW and 3.5 MW. The projects will be distributed across 13 metro stations, two depot buildings, one administration building, and three station track walls.
The projects are expected to replace ~36% of grid power with solar power for Nagpur Metro, resulting in 41% savings per unit. In terms of environmental impact, the carbon offset achieved by this initiative would be approximately 7,000 MT of CO2 annually for the life of the project.
This is AmpIn’s third solar project for a metro rail and its inaugural metro venture in Maharashtra, following two operating solar projects for L&T Metro and Kochi Metro.
“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 the 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 Pinaki Bhattacharyya, MD and CEO of AmpIn Energy Transition.
MMRCL is a special-purpose company sponsored by the Government of Maharashtra and the Government of India in 2015.
AmpIn has an active portfolio of ~230 MW of assets under the open access and distributed generation mode in Maharashtra, catering to eight to nine customers.
AmpIn Energy Transition has a total portfolio of ~3 GW spread across 17 states in the country.
In October, AmpIn Energy Transition announced a joint venture with Jupiter International to set up a facility to manufacture up to 1.3 GW of solar cells and modules. The facility, which is being established with funds under the government’s Production Linked Incentive program, is expected to be commissioned in the financial year 2024-25.
Under the PLI, AmpIn is eligible to receive a maximum incentive of ₹1.4 billion (~$17 million) for manufacturing 1 GW of cells and modules.