Amplus Energy

Amplus Achieves First Successful Solar Trade on GTAM

On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM.  IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […]

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Missing. A Public Presence for Renewable Firms in India

Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […]

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Big Basket Goes Solar With Amplus to Trim CO2 Emissions

By using solar energy, Big Basket expects to generate 310,64,120 units of green power which in turn will help in trimming its CO2 emissions by 29,440 metric tonnes for a term period of 20 years. One of Asia’s leading clean and green energy solutions provider Amplus Energy Solutions has joined hands with Big Basket, an […]

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Amplus Wins APVIA Award for Contribution to PV Industry

This award reiterates our commitment to meet the ever-evolving energy needs of our clients with leading quality and safety levels, said Sanjeev Aggarwal. Adding another feather in its cap, country’s one of the leading rooftop solar power producers Amplus Energy Solutions has won the APVIA Award 2019 for its contribution to the photovoltaic (PV) industry. […]

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India’s Solar Powered IPO’s. Why Success Will Matter

Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar  IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Amplus Energy Bids Lowest-Ever for MPUVNL’s RESCO Tender

Amplus Energy offered tariffs in the range of Rs 1.69 per unit to Rs 2.71 per unit with a record low of Rs 1.69 per unit for the 5.2 MW aggregate capacity for the State Municipal Corporations. Amplus Energy Solutions has emerged as a front runner by winning 10.25 megawatts (MW) of solar rooftop plant […]

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RB Inks 10-yr Solar PPA with Amplus Energy for Mysore Plant

The company has commissioned its first solar powered factory in Mysore as part of Project Greenathon. RB, formerly known as Reckitt Benckiser, has signed a 10-year, 2.4 MW, solar Power Purchase Agreement (PPA) with Amplus Energy solutions for its Mysore facility. The company has commissioned its first solar powered factory in Mysore as part of […]

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Amplus Inks Pact with Yes Bank for Solar Power Projects

Rooftop solar energy company Amplus is also diversifying in new avenues such as battery storage, energy efficiencies, smart cities, and concentrated solar power technologies among others. Amplus Energy Solutions has signed an MoU with Indian private sector lender Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in the country. […]

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