Amp Energy India Commissions 5 MW Solar Open Access Project in Maharashtra

Amp Energy India, a leading renewable energy transition platform in India, has commissioned a 5  MW solar power plant for one of India’s leading vaccine biopharmaceutical majors- BSV.  

This state-of-the-art solar project, commissioned in the last quarter of 2022 supplies solar power to BSV’s manufacturing  facility in Ambernath, Maharashtra from Amp’s Open access facility in Osmanabad district, Maharashtra.  

This partnership will service about 65% of BSV’s annual energy needs that will help it achieve 35% savings on its overall  energy costs on a year-on-year basis. In addition to these economic benefits, the plant will also be instrumental in reducing about 6,560 Metric tons of CO2 per annum thereby ensuring that BSV achieves one of its sustainability targets through carbon  mitigation.  

“We are happy to partner with Bharat Serums and Vaccines Ltd on their renewable energy transition journey. We believe that  this partnership will provide the right impetus for pharmaceutical industry to become environmentally conscious and switch  to RE for reducing their energy costs and meeting their sustainability target as BSV is the leading biotech and pharmaceutical  company in India. We are the most sought-after renewable energy transition partners to Pharma & Healthcare companies in  India as and are currently serving about 7 customers in this category. We would also like to extend our gratitude to the BSV  team for their support in timely delivery of the project.,” said Mr. Pinaki Bhattacharyya MD & CEO Amp Energy India. “As we remain committed to building a future ready and sustainable BSV, we are confident that our efforts to reduce carbon  footprint will enable us to achieve our sustainability goals and contribute towards our country’s commitment of achieving  40% of its installed electricity capacity from non-fossil energy sources by 2030. Through this partnership with Amp Energy  India, we re-affirm our efforts towards mitigating the effects of climate change. We are confident that this partnership will  continue to yield a measurable outcome in our journey towards sustainability and we look forward towards a continued  association with them, “said Chirag Mehta, Chief Financial Officer, BSV.