Amplus Energy to set up 2MW rooftop solar plant for India Exposition Mart

Amplus Energy Solutions has signed a deal with India Exposition Mart Ltd. (IEML) to install 2MW rooftop solar plant. IEML is known for hosting International Business Exhibitions and Promotional events in Greater Noida in the National Capital Region (NCR).

In the statement, Amplus mentioned that it will install, operate and maintain for a period of 25 years the project, which will be funded through the $150 million it has raised from a global infrastructure investment fund, I Squared Capital.

“Amplus plans to invest around Rs 12 crore for installing the solar power plant at India Expo Mart,” according to company’s statement.

“Once completed, this plant over its lifetime will help in saving 69,000 tonne CO2, which is equivalent to planting 86,000 trees in addition to the guaranteed cost savings to IEML,” it added.

Gurgaon-based Amplus has commissioned India’s largest single-location rooftop solar installation for captive use of 4130 kW for Yamaha Motors in Noida.

Source: IANS