Amplus Energy is leading distributed solar developer in India.
FoundersSanjeev Aggarwal and Guru Inder Mohan Singh
HeadquartersHaryana 122102, India
Amplus Energy Solutions is a leader in providing distributed solar and energy solutions to industrial and commercial customers in India. Amplus owns and manages a portfolio of operational and under-construction plants of approx. 300,000 kW, serving more than 100 customers at over 300 locations under its brand ‘Amplus Solar’. Amplus is backed by I Squared Capital, a global private equity fund focused on developing long-term sustainable infrastructure assets.
Today Amplus has emerged as one of the leaders in the distributed energy sector through its unique advantage of understanding this space as compared to other leading players. The company specializes in rooftop solar power plants over building rooftops, car parks, and open spaces within the premises on Build Own Operate Transfer (BOOT) basis and is an end-to-end solution provider – including Design, Engineering, Procurement, Construction, Monitoring, and Maintenance.
The USP of the company is its business model (BOOT / Opex / RESCO model) - delivering immediate, risk-free savings with no investment from the customer or any hassle of operations or maintenance, combined with full attention to their needs. With its Customer First motto, Amplus aims at alleviating the concerns of customers associated with high capital expenditure upfront. The company strives to create value for its customers through efficiencies in development, financing, construction, and operation of distributed solar energy projects across the country.
Amplus has a diverse portfolio of clients including manufacturing organizations across Aerospace & Defence, Automotive, FMCG, Consumer Durables, Pharma, Food processing, etc. as well as commercial establishments like Retail chains, Educational Institutes, Hospitals & Healthcare, Office buildings, Malls etc. As of now, Amplus’ client base includes renowned Indian and multinational firms viz. Yamaha, Whirlpool, Walmart, ABB, TVS, Amazon, Amway, Halliburton, GE, Honda, Mahindra, among others, and leading government entities such as Indian Railways, CPWD and HAL.
Amplus has also forayed into the Open Access segment and has a capacity of almost 200 MWp ground-mount projects – one in Chitradurga and one in Gadag, Karnataka. Amplus is also diversifying in new avenues such as Battery storage, Energy Efficiencies, Smart Cities, and Concentrated Solar Power Technologies among others.
The 300+ MW project portfolio of Amplus is expected to generate 4682 Million units of electricity over the 25 years duration of the projects. The cumulative CO2 abatement over the lifetime of these projects amounts to 1.68 Million Metric Tonnes. The environmental impact can also be equated to 115 Million trees grown for 10 years.