Amplus Solar ties up with Real-estate major Vatika group to solarize their buildings

New Delhi, August 1, 2016: Amplus Energy Solutions Pvt. Ltd., one of India’s leading solar developers, has tied up with Vatika group to set up solar rooftop systems in their buildings.

The total capacity is 750kW spread across 6 buildings in Gurgaon and would provide on-site renewable power. Out of this, a 100kW system on Vatika Business Park, a state-of-art commercial hub on Sohna Road is already operational.

Speaking about this project, Mr. Sanjeev Aggarwal, Managing Director& CEO, Amplus Energy said “We are very pleased to collaborate with Vatika group for this project which will lead to significant cut down of their power emissions from diesel gensets and state eletricity. These projects would add to the real-estate solar rooftop section of the diverse portfolio of Amplus Energy and provide green power to Vatika’s buildings.”.

These projects would help Vatika accrue considerable savings on energy in addition to making a tangible impact on the environment by reducing emissions by 25,800 MT of CO2 over the life of the plant which has the same effect as planting32,000 trees.

The real estate sector in India is one of the top most contributors of CO2, and with demand still growing at a rapid pace for housing and commercial sector.

As Indian real estate sector moves to more organized processes by following global best practices in construction, safety and emission norms, many developers across India are moving to use solar rooftop systems for their buildings to reduce their emissions.

About Amplus Energy Solutions Pvt. Ltd.

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 totalling more than 30,000 kW, serving more than 30 customers at over 200 locations under its brand ‘Amplus Solar’ and ‘M+ Solar’. Amplus is backed by I Squared Capital, a global private equity fund focused on developing long-term sustainable infrastructure assets globally. Amplus employs more than 70 people with offices in 5 major cities across India and has one of the largest specialised team of experienced professionals for the rooftop and distributed generation segment.

Amplus was recently awarded the National Excellence Award from Government of India for rooftop project development at the first ever workshop on rooftop solar conducted by Ministry of New and Renewable Energy (MNRE).

Amplus Energy has one of the largest portfolio of rooftop assets across India and is establishing its leadership position in the commercial and industrial rooftop solar segment in India. This project is one of the many rooftop installations carried out by Amplus in the national capital region. In April 2016, Amplus commissioned India’s largest single-location rooftop solar installation for captive useof 4,000 kW for Yamaha Motors in Noida. Amplus has partnered with leading Indian and multi-national companies like Walmart, Dominos, Hilton Hotels, Fortis Hospitals and others to meet their sustainability and carbon footprint reduction objectives.

These projects demonstrate in-house expertise of Amplus Energy in providing end-to-end solutions at zero upfront cost, no maintenance hassles and guaranteed savings.