AMP Energy India has commenced the construction of 120 MWp open access solar power project across four districts in Uttar Pradesh.
The estimated investment for the project is expected to be Rs five billion. It will be one of the largest open access solar energy projects in the state.
The company had signed long-term Power Purchase Agreements (PPAs) for the same for a period of 15-25 years.
AMP Energy India had won the project under the Uttar Pradesh Power Transmission Corporation (UPPTCL) tender for setting up of 340 MW open access power projects under Uttar Pradesh Solar Policy 2017.
The project is likely to be commissioned in FY20 in a phased manner. The project will supply power to high credit worthy Commercial & Industrial (C&I) energy users. It is expected to generate approximately 1,100 to 1,300 jobs in construction, safety and operations and maintenance (O&M) across all locations.