AMPIN Energy Transition Company Profile

Background

Company Overview

AMPIN Energy Transition (Pvt.) Ltd., formerly known as AMP Energy India, is a leading Indian renewable energy company specializing in the development, ownership, and operation of solar, wind, and hybrid power projects. Established in 2016, the company has rapidly expanded its footprint across India, catering to both utility-scale and commercial-and-industrial (C&I) customers. As of 2025, AMPIN boasts a portfolio exceeding 5 gigawatt peak (GWp) capacity across 23 states, with ambitious plans to reach 10 GW in operating capacity and a 25 GW project pipeline by 2030.

Mission and Vision

AMPIN's mission is to accelerate India's transition to renewable energy by providing sustainable and cost-effective solutions to its diverse clientele. The company's vision is to become a leading enabler of India's energy transition, contributing significantly to the nation's renewable energy targets and environmental sustainability goals.

Industry Significance

Operating in the rapidly growing renewable energy sector, AMPIN plays a pivotal role in India's efforts to diversify its energy mix and reduce carbon emissions. The company's extensive project portfolio and strategic partnerships underscore its significant impact on the renewable energy landscape in India.

Key Strategic Focus

Core Objectives

Expansion of Renewable Energy Capacity: AMPIN aims to significantly increase its renewable energy capacity, targeting 10 GW in operating capacity and a 25 GW project pipeline by 2030.

Diversification of Energy Solutions: The company focuses on offering a comprehensive range of energy solutions, including solar, wind, hybrid, and storage technologies, to meet the diverse needs of its customers.

Sustainable Development: AMPIN is committed to promoting sustainable energy practices, aligning with global efforts to combat climate change and reduce reliance on fossil fuels.

Areas of Specialization

Utility-Scale Projects: Development and operation of large-scale renewable energy projects supplying power to utilities.

Commercial and Industrial Solutions: Providing tailored renewable energy solutions to commercial and industrial clients, including open access solar projects and power purchase agreements (PPAs).

Energy Storage and Trading: Incorporating energy storage solutions and engaging in energy trading to enhance grid stability and optimize energy distribution.

Key Technologies Utilized

Solar Photovoltaic (PV) Systems: Deployment of advanced solar PV technologies for efficient energy generation.

Wind Turbine Generators: Utilization of state-of-the-art wind turbines to harness wind energy effectively.

Hybrid Systems: Integration of solar and wind technologies to create hybrid systems that provide reliable and consistent power supply.

Energy Storage Solutions: Implementation of battery storage systems to store excess energy and ensure a steady supply during peak demand periods.

Primary Markets Targeted

Utility Sector: Supplying renewable energy to national and regional utilities to meet their energy demands and renewable energy obligations.

Commercial and Industrial Sectors: Offering customized renewable energy solutions to businesses across various industries, including pharmaceuticals, automotive, FMCG, and data centers.

Financials and Funding

Total Funds Raised

As of December 2025, AMPIN Energy Transition has secured approximately $700 million in equity funding, enabling substantial investments in renewable energy projects across India.

Recent Funding Rounds

Siemens Financial Services Investment: In March 2025, AMPIN secured a $50 million investment from Siemens Financial Services, the financing arm of Siemens AG. This funding supports the company's growth in both Commercial & Industrial (C&I) and utility-scale renewable energy projects, as well as its energy transition value chain business.

FMO Investment: In December 2025, AMPIN received a $50 million investment from FMO, the Dutch entrepreneurial development bank. The funds are allocated for the development of greenfield renewable energy projects, aligning with India's national target of achieving 500 GW of non-fossil fuel energy capacity by 2030.

ResponsAbility Investment: In 2024, AMPIN secured $35 million in funding from Switzerland-based responsAbility. This investment enables the company to undertake various projects under its special purpose vehicles (SPVs), primarily in the C&I solar segment, encompassing sectors such as manufacturing, automotive, pharmaceuticals, healthcare, FMCG, and data centers.

Notable Investors

Siemens Financial Services: Provided a $50 million investment in March 2025.

FMO: Invested $50 million in December 2025.

ResponsAbility: Contributed $35 million in 2024.

Copenhagen Infrastructure Partners (CIP): In 2024, AMPIN and CIP expanded their partnership, creating a $3 billion renewable energy asset base in India.

Utilization of Capital

The raised capital is primarily utilized for:

Project Development: Funding the construction and operation of renewable energy projects across India.

Expansion Initiatives: Establishing new regional offices and expanding the company's operational footprint.

Technological Advancements: Investing in advanced technologies and energy storage solutions to enhance project efficiency and reliability.

Pipeline Development

Key Pipeline Candidates

200 MWp Solar-Wind Hybrid Project in Rajasthan: AMPIN achieved financial closure for this project in October 2024. The plant is expected to generate approximately 435 million units of renewable energy annually, supplying power to about 74,486 households under a 25-year Power Purchase Agreement (PPA) with SECI.

Eastern India Expansion: In 2023, AMPIN announced a ₹3,100 crore investment plan to build over 600 MW of renewable capacity and a 1.3 GW solar cell and module manufacturing facility across six eastern and northeastern states.

Stages of Development

Planning and Financial Closure: Several projects are in the planning phase, with financial closures secured for key initiatives like the Rajasthan hybrid project.

Construction and Commissioning: Ongoing construction of various projects, with commissioning timelines aligned with project specifications and regulatory approvals.

Target Conditions

Renewable Energy Generation: Projects aim to contribute significantly to India's renewable energy capacity, supporting the country's energy transition goals.

Grid Integration: Ensuring seamless integration of generated power into the national grid to meet the growing energy demand.

Anticipated Milestones

Project Completions: Completion of major projects as per scheduled timelines, contributing to the incremental increase in renewable energy capacity.

Operational Milestones: Achieving operational status for new projects, leading to increased power generation and supply to the grid.

Technological Platform and Innovation

Proprietary Technologies

Hybrid Energy Systems: Integration of solar and wind technologies to create hybrid systems that provide reliable and consistent power supply.

Energy Storage Solutions: Implementation of battery storage systems to store excess energy and ensure a steady supply during peak demand periods.

Significant Scientific Methods

Advanced Energy Management: Utilization of sophisticated energy management systems to optimize energy production and distribution.

Grid Integration Techniques: Employing advanced methods for integrating renewable energy into the national grid, ensuring stability and reliability.

AI-Driven Capabilities

Predictive Maintenance: Leveraging artificial intelligence to predict equipment maintenance needs, reducing downtime and operational costs.

Energy Forecasting: Using AI algorithms to forecast energy production and consumption patterns, enhancing grid management and energy trading strategies.

Leadership Team

Key Executives

Pinaki Bhattacharyya: Founder, Managing Director, and CEO. With extensive experience in the renewable energy sector, Mr. Bhattacharyya has been instrumental in AMPIN's growth and strategic direction.

Amit Kumar Mittal: Chief Operating Officer – Commercial & Industrial Business. Mr. Mittal brings a wealth of experience in business operations and has been pivotal in expanding AMPIN's C&I segment.

Ritesh Singhi: Senior Director – Procurement and Supply Chain Management. Mr. Singhi oversees procurement strategies, ensuring efficient supply chain operations.

Kapil Kasotia: Chief Operating Officer – Wind, Hybrid & Storage. Mr. Kasotia leads the development and operation of wind, hybrid, and storage projects, contributing to AMPIN's diversified energy portfolio.

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