Amplus Invests ₹5 billion in an Open Access Solar Project in Uttar Pradesh

The company’s total open access portfolio in the state amounts to ₹7.5 billion

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Amplus Energy Solutions has invested in its second open access solar project of 100 MW in Deoria district, Uttar Pradesh (UP). The investment in this project amounts to nearly ₹5 billion (~$ 72.5 million).

Amplus has already invested ₹2.5 billion (~$36 million) to establish a 50 MW solar open access project in Mirzapur, Uttar Pradesh. The solar project in Mirzapur is still under construction and is likely to be commissioned by September 2019.

“We are excited to partner with Uttar Pradesh, and with the strong support for these two projects that we are constructing, we are looking forward to adding more capacity in the state in the coming years,” said Mr. Sanjeev Aggarwal, Amplus’ Managing Director, and CEO.

Uttar Pradesh has a goal to become a self-sustained energy-generating state, and in line with this purpose, the Uttar Pradesh Electricity Regulatory Commission (UPERC) is working incessantly on enhancing solar activity in the state.

According to Mercom India Solar Project Tracker, Uttar Pradesh has 1.3 GW of solar projects under the development pipeline as of June 2019.

Amplus had also announced the installation of two open access projects in Haryana. According to the company, it owns India’s biggest single location open access solar project in Gadag in the state of Karnataka. The project supplies 175 MW of solar power to various businesses in the state.

Earlier, Mercom has also reported that Amplus has received the approval from the state government of Haryana for two open access solar photovoltaic projects amounting to 150 MW. The projects will provide electricity to industries in the state through the open-access model. In March 2019, the Haryana Renewable Energy Development Agency (HAREDA) amended its guidelines for megawatt-scale ground-mounted and rooftop solar projects meant for captive consumption or third party sale.

Image credit: Amplus

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