Amplus Energy Solutions announced in a release that 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.
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.
“With the new solar energy policy of 2017, we are looking at rapid expansion of solar power capacity in the state. We are committed to install solar capacity of 500 MW in the state in the next 5 years,” said Sanjeev Aggarwal, Managing Director & Chief Executive Officer (CEO) of Amplus Energy.
The statement 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.