The solar project capacity is 30 MW and would be provided from Amp Energy India’s open access facility in Mallat village, Raichur district in Karnataka. This is Amp’s third open access project in the state of Karnataka.
Bosch and Amp Energy India have signed a Power Purchase Agreement (PPA) for procurement of solar power for 25 years.
This solar open access facility commissioned this month will generate about 43MUs of green energy per year for Bosch and will meet about40% of their energy consumption.
This project will provide solar power to energise three Bosch’s plants/facilities in and around Bangalore and by switching to solar power, Bosch will also help mitigate about 31,000 tonnes of CO2 per annum.
“Solar energy adoption in India by top companies in India has seen a major growth over the last few years, especially post the challenges posed by the Covid pandemic. We are thankful to the Bosch team for extending their continuous support to us since the beginning. With this partnership, we are sure Bosch will set benchmarks for other conglomerates to follow to switch to clean energy for their growth in the country and move towards accomplishing their RE100 targets,” Pinaki Bhattacharyya, MD and CEO, Amp Energy India, said.
“Bosch globally is stepping up its investments in green energy there by investing in renewable in-house generation power plants and entering into exclusive long-term purchase agreements with partners like Amp Energy. India is an important and key market for us, and we would like to help the country reach its true potential. We are happy to partner with Amp Energy for this project that has helped achieve our sustainability objectives in a timely manner,” said Soumitra Bhattacharya managing director, Bosch and regional president, Bosch Group in India.
Amp Energy India with its diversified portfolio of projects has already developed large open access projects including some landmark projects such as the Largest Solar Open Access Project in Maharashtra (30MW), the first captive solar open access project in Uttar Pradesh (42MW) and its second open access project in Maharashtra (13.5MW).