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Save with solar: Amplus helps Cisco, Qualcomm, GE, et al. reduce carbon footprint, cut costs

Amplus uses the RESCO model, under which the consumer need not bear the upfront cost of setting up a solar plant. Amplus owns the solar assets and is responsible for operation and maintenance. The consumers pay a mutually agreed tariff that covers capital repayment and cost of maintenance and repairs.
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21 Aug 2019 4 Mins Read 1 comments
Amplus has commissioned India’s largest single-location open-access solar-power farm of 175MW capacity at Gadag, Karnataka. The farm supplies power to more than 30 industrial and commercial customers; courtesy of Amplus Solar
Amplus has commissioned India’s largest single-location open-access solar-power farm of 175MW capacity at Gadag, Karnataka. The farm supplies power to more than 30 industrial and commercial customers; courtesy of Amplus Solar
In most industries, electricity gets a special mention in the cost structure. It is estimated to be 20%-25% of the total office or plant costs. Yet, managing electricity bills has never featured on the priority list of companies traditionally. But things are changing now, for good. Many of the big state-owned and multinational companies are looking at ways to shave
expected to enhance the acceptability of rooftop solar and cut the carbon footprint of companies, thereby decoupling economic growth and emission. Cheaper electricity will reduce the overall cost of the companies and boost their profitability. With many companies adopting the RESCO model, India is expected to achieve its 100GW solar-energy target. A much bigger target should be set thereafter.
In most industries, electricity gets a special mention in the cost structure. It is estimated to be 20%-25% of the total office or plant costs. Yet, managing electricity bills has never featured on the priority list of companies traditionally. But things are changing now, for good. Many of the big state-owned and multinational companies are looking at ways to shave expected to enhance the acceptability of rooftop solar and cut the carbon footprint of companies, thereby decoupling economic growth and emission. Cheaper electricity will reduce the overall cost of the companies and boost their profitability. With many companies adopting the RESCO model, India is expected to achieve its 100GW solar-energy target. A much bigger target should be set thereafter.

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