Amplus Energy Solutions

Amplus Energy Solutions is an Indian company that provides solar energy solutions to industrial and commercial consumers. The company works in the area of rooftop solar power plants. Amplus Energy Solutions function on the BOOT/OPEX/Resco business model making it its unique selling proposition. The company falls under the OPEX project development category.[1] Amplus owns and manages a portfolio of 600+ MWp of operational and under construction distributed solar assets across India with its projects spread over more than 275 locations.[2]

Amplus Energy Solutions
Native name
Amplus Solar
Private Company
IndustryRenewable Energy
Founded2013
FounderSanjeev Aggarwal, Guru Inder Mohan Singh
HeadquartersGurugram, Haryana, India
Area served
Bangkok, Bengaluru, Dubai, Gurugram, Mumbai, Pune, Singapore
ServicesDistributed Solar Solutions, Battery Energy Storage Solutions, Energy Monitoring System
Number of employees
250+ (October 2018)
Websitehttps://amplussolar.com

The Indian government is keen towards fostering a sustainable growth for the nation. In a move towards this objective, the government has set a goal to reach its target of 100 GW of solar energy capacity by 2022.[3] Players like Tata Power Solar systems, EMMVEE, Kotak Urja Pvt. Ltd.[4] are some of the other contributors towards the goal.

History

Amplus Energy Solutions is a member of PETRONAS (Petroliam Nasional Berhad) Group, Malaysia.[5][6][7] The company was incorporated in 2013 by Mr. Guru Inder Mohan Singh and Mr. Sanjeev Aggarwal.[8] It commissioned its first rooftop project for Raisoni Group of Institutions in Maharashtra. Since then the company has entered into various private and public agreements for their solar solutions.

Awards and achievements
  • National Excellence Award by MNRE, 2018[9]
  • European Award for Best Practices 2018[10][11]
  • Best Application and Uses of Renewable Energy by CII[12]
  • Middle East Solar Energy Leadership Award 2017 for Solar IT and Data Analytics Company of the Year[13]

In November 2016, Amplus Energy Solutions became the first Indian company to win the bid to install 14.5 MW of solar rooftop plants[14] by offering the cheapest solar power rates to the users, at a record low price in three states - Uttarakhand, Himachal Pradesh, and Puducherry.[15]

Amplus Energy Solutions’ into an agreement with the Indian Army [16] to enlighten the Gurez Valley in Jammu & Kashmir with their Solar Lamps.

In February 2018, during the Uttar Pradesh Investors Summit, the company entered into an agreement with the Uttar Pradesh government to set up a facility with 500 MW solar power capacity.[17]

Philanthropy
  1. Amplus Solar in association with The Indian Army, has donated 50 Solar Lamps to the people of Gurez valley.[18]
  2. Amplus has gifted Rooftop Solar Power Plant of 4.7 kw to United Orphanage, Coimbatore that will supply electricity at no cost, and the amount saved will thus be utilized for the livelihood of the beneficiaries.[19]

References
  1. "Bridge to India cuts rooftop solar forecast to 10.8 GW by 2021 - Times of India". The Times of India. Retrieved 2018-07-05.
  2. Solar, Amplus (2019-06-18). "Amplus Energy Solutions About Us". Amplus Energy Solutions.
  3. Raghavan, T. c a Sharad (2018-03-04). "Solar goal for 2022 too hot to handle". The Hindu. ISSN 0971-751X. Retrieved 2018-07-06.
  4. Times, ELE (2017-12-15). "Top 10 Solar Companies in India - ELE Times". ELE Times. Retrieved 2018-07-06.
  5. "Petronas to acquire renewable energy firm - Business News | The Star Online". thestar.com.my. Retrieved 2019-06-17.
  6. www.ETEnergyworld.com. "Malaysia's Petronas acquires Singapore-based solar power company Amplus Energy - ET EnergyWorld". ETEnergyworld.com. Retrieved 2019-06-17.
  7. Bhaskar, Utpal (2019-04-15). "Petronas of Malyasia buys Amplus Energy in ₹2,700 crore deal". Mint. Retrieved 2019-06-17.
  8. "About Us - Know All About Amplus Energy Solutions - Amplus Solar". amplussolar.com. Retrieved 2018-07-05.
  9. "Amplus Solar Gets National Excellence Award from Government of India for Rooftop Project Development". Retrieved 2018-08-09.
  10. Ltd., Amplus Energy Solutions Pvt. "Amplus Solar Conferred With European Award for Best Practices 2018 /PR Newswire India/". prnewswire.co.in. Retrieved 2018-08-09.
  11. "Amplus Energy Solutions - Amplus Solar Conferred With European Award for Best Practices 2018". Electric Energy Online. Retrieved 2018-08-09.
  12. "CII". cii.in. Retrieved 2018-08-09.
  13. "Asian Leadership Awards". Asian Leadership Awards. Retrieved 2018-08-09.
  14. Reporter, B. S. (2016-11-30). "Amplus Energy to offer solar power at Rs 3 per unit". Business Standard India. Retrieved 2018-07-05.
  15. "Solar power tariff touches record low of Rs 3 a unit". The Economic Times. 2016-11-30. Retrieved 2018-07-05.
  16. "Amplus partners Indian Army to boost solar energy in J&K". @businessline. Retrieved 2018-07-05.
  17. "Amplus to invest Rs. 2,200 Cr for 500MW-worth solar projects in UP". outlookindia.com. Retrieved 2018-07-05.
  18. "Amplus partners Indian Army to boost solar energy in J&K". @businessline. Retrieved 2018-11-19.
  19. "WCRCINT Leaders of the Year: Sanjeev Aggarwal MD and CEO, Amplus Energy Solutions". wcrcint.com. 24 January 2018. Retrieved 2018-11-19.
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