India has submitted its long-term low-emission development strategy at COP27, outlining a plan to achieve net zero emissions by 2070. The leaders of this clean energy transition in India met at EnergyScape, India’s biggest energy conclave powered by Amplus Solar, to discuss the way forward.
Besides a specific push for the use of electric vehicles, significant climate investments and green hydrogen production, the seamless ground-level implementation of the existing policy structure took center stage at the conclave.
Speaking at the event, Ms. Suman Sharma, MD, Solar Energy Corporation of India, said, “India will continue to play a vital role in energy transition, and the Prime Minister of India has made it clear to make renewable energy a part of everyone’s life”.
Organized by a leading financial daily, Mint EnergyScape is a marquee event on India’s energy policy and imperatives. It is the most awaited annual fixture for policymakers, industry captains, academicians, and top bureaucrats to meet and discuss the way ahead for India’s energy security.
This year, the panel discussions at EnergyScape saw participation by distinguished speakers, including Mr Pramod Aggarwal, Chairman, Coal India Ltd (CIL), Ms. Gauri Singh, Deputy Director-General, International Renewable Energy Agency (IRENA), Mr. Rajesh Kumar Srivastava, Chairman and Managing Director, Oil and Natural Gas Corporation (ONGC), among others.
Giving an industry perspective to the conversation, Mr. Sharad Pungalia, Managing Director and CEO of Amplus Solar, India’s leading distributed solar energy company and a member of PETRONAS, emphasized the need for a holistic approach towards realizing India’s renewables goal. Additionally, Mr. Pungalia said, “While there are a lot of good promises at the central level for the power sector, the implementation at the state level needs to be looked at“.
About Amplus Solar:
Amplus Solar is Asia’s leading distributed energy company providing low-carbon energy solutions to industrial and commercial customers by setting up on-site solar projects (rooftop and ground-mounted) and off-site solar farms (Open Access). The company serves 250+ renowned Indian and multinational firms like Yamaha, Cisco, Amazon, Walmart, Reckitt Benckiser, Schlumberger, Carlsberg, ABB, TVS, Schneider, Qualcomm, Halliburton, GE, Honda among others. It has tripled its customer base from 2017 to 2022. Our clientele comes from diverse industry verticals including manufacturing, warehousing, aerospace & defence, automotive, FMCG, consumer durables, pharma, food processing, retail chains, educational institutes, hospitals & healthcare, office buildings and other industrial or commercial establishments. Over the years, the company has diversified into new avenues such as battery storage, energy efficiency, residential solar (HomeScape), and electric vehicles as a service.
Amplus Solar is headquartered in Gurugram, India, with regional offices in Bangalore, Mumbai, Pune, Bangkok, Dubai, and Kuala Lumpur. Today, Amplus Solar owns and manages a cumulative portfolio of 1GW of distributed solar assets across Asia. The company’s operational plants are expected to generate 28.5 million units of electricity cumulatively over the 20 years duration of the projects. The CO2 abatement over the lifetime of these projects amounts to 27.48 million metric tonnes. The environmental impact can also be equated to 31.54 million mature trees absorbing CO2 for 40 years.
Amplus Solar is a member of the Petroliam Nasional Berhad (PETRONAS) group, Malaysia. PETRONAS recently established Gentari Sdn Bhd (Gentari) to pursue and deliver integrated sustainable energy solutions independently and to capture opportunities in the energy transition. Gentari offers lower carbon solutions through three initial core pillars – Renewable Energy, Hydrogen and Green Mobility, forming a portfolio of solutions cutting across the electron value chain to help customers achieve net-zero emissions.