Amplus to Invest Rs 2,200 crore in UP

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Amplus Energy Solutions today announced it has signed a Memorandum of Understanding (MoU) with Uttar Pradesh government to set up solar power generation capacity of 500 Megawatt (MW) in the state.

The MoU was signed in UP Investors Summit. The company plans to invest Rs 2,200 crore over the next 5 years. The state government is planning to set up solar energy capacity of 10,700 MW over the period.

Amplus said it is operating many projects in UP including what it claimed was the country’s largest rooftop captive solar plant of 6.2 MW capacity on a factory operated by Yamaha in Noida. The company said it has solarised three of the 13 sites of Walmart outlets in Agra and Meerut. It has also set up a rooftop solar plant of 2.5 MW at India Expo Mart’s Greater Noida facility.

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