AMPIN Energy Transition has entered into a strategic partnership with Poly Medicure to develop a 10 MW solar project in Haryana. This collaboration aims to establish a captive solar power plant that will supply energy to Poly Medicure's manufacturing facility in the region. The joint venture company will be 26% owned by Poly Medicure and 74% by AMPIN C&I Power, reflecting a significant investment in renewable energy infrastructure. This move underscores the growing trend of companies adopting solar power to reduce their carbon footprint and enhance energy efficiency.
Source: Refinitiv, CNBC TV18