Amplus Energy to invest Rs 500 crore for 100MW solar project in UP
- IBEF
- July 22, 2019
Amplus Energy Solutions has announced an investment of Rs 500 crore (US$ 69.5 million) for its next open access solar project of 100MW in the district Deoria of Uttar Pradesh.
The ground-breaking ceremony will mark the start of the project by the state government this month.
Earlier, Amplus had dedicated investment of Rs 250 crore (US$ 34.75 million) for setting up a 50MW open access solar project in Mirzapur. The project is still under construction and is expected to be authorized by September 2019.
The Deoria plant is expected to generate 700 jobs and supply green energy to many industries located in the state.
Previously, Amplus had partnered for two open access projects in Haryana.
Amplus holds India's largest single location open access solar project in Gadag, which supply 175MW solar power to businesses in Karnataka.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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