Amp Energy Wins CESC’s 150 MW Wind-Solar Hybrid Tender

Amp Energy India Chalks out New Identity as Ampin Energy Transition Private Limited

Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of ₹ 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other bidders who bid for the project included Avaada Group and Acme Group.

The contracted capacity of the project will be 150 MW and would require a 250 MWp of wind and solar capacity installation. The project shall be connected to ISTS network. Towards this, a Power Purchase Agreement will be signed with CESC, a private discom in Eastern India which claims to be India’s first fully integrated electrical utility company.

With this bid, Amp Energy India says that it has won back-to-back wind-solar hybrid bids and reinforces its position as a
market leader in providing diversified utility scale renewable energy solutions to its customers. “Winning these back-to-back bids clearly demonstrates our ability to provide diversified solutions at the best price and shows our commitment to harnessing the power of renewables to lead India’s renewable energy transition. By combining wind and solar energy in a single project, we can optimize land use, improve power generation, and reduce intermittency of the system. We are also happy to provide green power to the heart of eastern India through CESC, one of India’s leading integrated utility companies,” said Pinaki Bhattacharyya, MD and CEO, Amp Energy India.

The project is to be commissioned within 24 months from the effective date of the power purchase agreement (PPA) and the PPAs will be valid for 25 years.

With the tender win, Amp Energy India’s utility portfolio will stand at over 1.75 GWp, diversified into niche segment and the total portfolio of projects to 3 GWp including C&I off-takers.

A few days ago, Hyderabad metro or L&T Metro Rail Limited inked an agreement with Amp Energy India for the rooftop solar power development. The capacity contract is for 4 MW of solar energy.