Key Points of Amplus Solar Green Hydrogen Plants:
- Amplus Solar is investing Rs 1,500 crore to set up 7.5 KPTA green hydrogen plants in Andhra Pradesh.
- The company has signed an agreement with the Andhra Pradesh government to establish several decentralised green hydrogen plants in the state.
- Amplus Solar offers low-carbon clean energy solutions to commercial and industrial clients.
- The move is expected to contribute significantly towards India’s vision of becoming a global green hydrogen hub.
- Andhra Pradesh is an industrial hub with a mix of industries such as petrochemicals, glass manufacturing, cement, and fertilizers.
- The state has favourable geography, which offers a larger customer base to service and has enormous potential for renewable energy generation.
- Amplus Solar, a subsidiary of Malaysia’s Petronas Group, manages a portfolio of over 1.4 GW of distributed solar assets, and the latest move is expected to strengthen its position as a leading player in the Indian renewable energy sector.
Key Points of Amplus Solar Green Hydrogen Plants:
Amplus Solar to Invest Rs 1,500 Cr in Setting up 7.5 KPTA Green Hydrogen Plants in Andhra Pradesh
Amplus Solar, a leading distributed energy company offering low-carbon clean energy solutions to commercial and industrial clients, has announced its plans to set up 7.5 KPTA-distributed green hydrogen plants in Andhra Pradesh. The company has signed an agreement with the state government to establish several decentralised green hydrogen plants in the state.
With an investment of Rs 1,500 crore, Amplus Solar aims to install 7.5 KPTA green hydrogen plants in Andhra Pradesh for industrial consumption. The move is expected to make a significant contribution towards India’s goal of becoming a global green hydrogen hub.
Commenting on the development, Sharad Pungalia, MD and CEO of Amplus Solar, said, “This MoU is our first step in active participation in the sector’s growth. We aim to be a key contributor to India’s vision of becoming a global green hydrogen hub.”
Andhra Pradesh is an industrial hub with a mix of industries such as petrochemicals, glass manufacturing, cement, and fertilizers. The state has enormous potential for renewable energy generation, considering its favourable geography, which offers a larger customer base to service.
Amplus Solar, a subsidiary of Malaysia’s Petronas Group, manages a portfolio of over 1.4 GW of distributed solar assets. The company’s latest move is expected to further strengthen its position as a leading player in the Indian renewable energy sector.
About Amplus Solar:
Amplus Solar is a top-tier distributed energy company in Asia that offers low-carbon energy solutions to commercial and industrial customers. Its clean energy solutions include on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open access solar plants). Currently, Amplus manages a portfolio of over 1.4 GWp of distributed solar assets that are either operational or under construction. This portfolio spans across 24 states in India and comprises more than 500 projects.
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