Bosch Limited has collaborated with Amp Energy India, one of India’s first truly balanced renewable IPP for its solar energy requirements.
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.
“Solar energy adoption in India by top companies in India has seen 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 up 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 thereby 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 promptly,” said, Soumitra Bhattacharya Managing Director, Bosch Limited & Regional President, Bosch Group in India.
This is Amp’s third open access project in the state of Karnataka.
Bosch Limited and Amp Energy India have signed a Power Purchase Agreement (PPA) for the 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 Limited and will meet about 40% of their energy consumption.
This project will provide solar power to energize 3 Bosch’s plants/facilities in and around Bangalore and by switching to solar power, Bosch will also help mitigate about 31,000 tons of CO2 per annum.
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).