Udit Vani, Jamshedpur: In a significant stride towards embracing eco-friendly practices, Jamshedpur Continuous Annealing & Processing Company Private Limited (JCAPCPL) entered into a 25-year Power Purchase Agreement (PPA) with Ampin Energy Transition (formerly known as Amp Energy India), for the installation of Solar Panels on the rooftop of the plant. This landmark collaboration underscores company’s unwavering commitment to green energy initiatives and environmental sustainability.
Ujjal Chakraborti, Managing Director of JCAPCPL, and Pinaki Bhattacharyya, Managing Director and CEO, Ampin Energy signed the agreement to initiate the implementation process. Under the terms of this agreement, JCAPCPL is set to install solar panels with a robust capacity of 2.8 MWp, harnessing the power of sun to generate clean and renewable energy. This progressive move not only demonstrates Company’s dedication to reducing its carbon footprint but also solidifies its role as a frontrunner in sustainable business practices within the industry.
JCAPCPL MD expressed his enthusiasm for this transformative partnership, stating, “We are excited to join hands with Ampin Energy Transition to harness the power of solar energy. This collaboration is a testament to our unyielding commitment to greener operations and creating a brighter, more sustainable future. We are confident that this partnership will continue to yield a measurable outcome in our journey towards sustainability and we look forward towards a continued association with them”.
Echoing this sentiment, Mr. Bhattacharyya, stated, “Our partnership with JCAPCPL marks a significant milestone in our mission of powering the renewable energy transition in the country. Ampin is a trusted RE transition partner of corporates to reach 100% RE & by leveraging the power of renewables, we aim to drive positive change in the energy landscape, fostering a cleaner and sustainable environment for generations to come.”
This strategic alliance between JCAPCPL and Ampin Energy Transition not only underscores the potential of clean energy but also paves the way for similar initiatives that can redefine the corporate approach to sustainability. As the solar panels become operational, the 2.8 MWp of energy generated will be seamlessly integrated into JCAPCPL’s operations, further enhancing its commitment to responsible and environmentally conscious practices.
Incorporated in 2011 by Tata Steel Limited and Nippon Steel Corporation; JCAPCPL serves India’s growing demand for high grade Automotive CR Steels, thereby enabling Automotive OEMs to address their strategic objectives of increased localization.
Ampin Energy Transition is India’s leading renewable energy transition platform with a total portfolio of ~3GW spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, Ampin Energy Transition has a balanced portfolio of C&I and utility customers which allows it to provide renewable energy for energy transition as well as reduce the operating costs of marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities and Government bodies.
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