Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz Updated On Fri, Jan 31st, 2020 by Saurenergy With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
Big Basket Goes Solar With Amplus to Trim CO2 Emissions Updated On Wed, Aug 28th, 2019 by Saurenergy 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 […] Read more
Amplus Wins APVIA Award for Contribution to PV Industry Updated On Tue, Jul 16th, 2019 by Saurenergy 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. […] Read more
Amplus Solar to Invest Rs 750 Cr on 150MW Govt Projects in Haryana Updated On Mon, May 20th, 2019 by Saurenergy “These projects also provide steady flow of income to the local populations during construction and operation of the plant. We essentially are creating a clean technology based ecosystem to support the local population for a better livelihood for current as well as future generation,” Aggarwal added. As part of its Rs 1,000 crore investment plan, Gurgaon-based […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more
Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21 Updated On Mon, Jul 30th, 2018 by Saurenergy The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […] Read more