Key Points
- AMPIN Energy has secured a 27 MW solar project in Maharashtra.
- The partnership with Varroc Group is stronger now, totaling over 60 MW of contracted capacity.
- Varroc Group will meet 70% of its energy needs with this project.
- Varroc’s manufacturing plants are expected to see a 45% drop in energy costs.
- This project will help reduce 35,500 tonnes of CO2 emissions each year.
- The initiative supports Maharashtra’s renewable energy goals.
Looma News
On Monday, AMPIN Energy announced a new deal with Varroc Group for an extra 27 MW solar power project in Maharashtra. This project builds on the success of AMPIN’s earlier solar projects in Maharashtra, Karnataka, Uttar Pradesh, and Tamil Nadu, marking a big step forward in their partnership.
This new Power Purchase Agreement (PPA) is a repeat order from Varroc Group, showing their trust in AMPIN’s renewable energy solutions. With this project, Varroc’s total solar capacity with AMPIN rises to over 60 MW, allowing them to use clean energy for about 70% of their needs. This shift is expected to bring significant savings, with a projected 45% cut in energy costs for their manufacturing sites in Maharashtra.
The 27 MW solar project will help Varroc Group lower its carbon footprint, aiming to cut CO2 emissions by 35,500 tonnes each year. This effort highlights the company’s commitment to sustainability and positions them as a leader in environmental responsibility within the manufacturing industry.
AMPIN is establishing itself as a key player in Maharashtra’s renewable energy scene. Using its advanced Solar Park in the area, AMPIN is focused on promoting the energy transition and becoming a preferred partner for renewable energy. This project also aligns with Maharashtra’s broader goals for increasing the use of renewable energy sources.
