Latest news with #AMPINEnergyTransition
Time of India
a day ago
- Business
- Time of India
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
Time of India
a day ago
- Business
- Time of India
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
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Business Standard
a day ago
- Business
- Business Standard
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
Time of India
2 days ago
- Business
- Time of India
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). Explore courses from Top Institutes in Please select course: Select a Course Category Technology Healthcare PGDM Management CXO MCA Leadership Digital Marketing Data Analytics Public Policy Design Thinking Cybersecurity Project Management Operations Management Finance others Others MBA Data Science Product Management healthcare Artificial Intelligence Data Science Skills you'll gain: Duration: 12 Weeks MIT xPRO CERT-MIT XPRO Building AI Prod India Starts on undefined Get Details "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. Live Events "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
Economic Times
20-06-2025
- Business
- Economic Times
Suzlon Energy shares rally 3% after fresh 170 MW wind order win
Shares of Suzlon Energy climbed as much as 2.8% on Friday to Rs 64.26 on the BSE after the renewable energy firm announced a fresh 170.1 megawatt (MW) wind power order from AMPIN Energy Transition—its third consecutive deal with the clean energy platform. ADVERTISEMENT In an exchange filing on Friday, Suzlon said, 'We have won a third successive repeat order of 170.1 MW from AMPIN Energy Transition Ltd. to supply 3.15 MW wind turbines for their proposed wind power project to be developed at Kurnool in Andhra Pradesh.' The project will involve the supply of 54 units of Suzlon's advanced S144 wind turbine generators, each with a rated capacity of 3.15 MW, mounted on Hybrid Lattice Towers. The company added that the scope of the project includes the 'supply, installation, and commissioning of the wind turbines,' and will be executed with Suzlon's equipment, along with comprehensive operation and maintenance services post this latest win, Suzlon's total order book from AMPIN now stands at 303 MW. ADVERTISEMENT Suzlon shares have risen 31% over the past year, 11% in the last three months, and 4% over the past month. The stock has remained in focus following a series of block deals earlier this week, where promoters sold 19.8 crore shares worth over Rs 1,300 crore at an average price of Rs 66.05 per the key institutional buyers were Goldman Sachs, Motilal Oswal, Societe Generale, ICICI Prudential, and Bandhan Mutual Fund. As of the March 2025 quarter, mutual funds held a 4.17% stake in Suzlon Energy, while promoter holding stood at just over 13%. ADVERTISEMENT From a technical standpoint, the stock is trading above five of its eight key simple moving averages (SMAs)—including the 30-day, 50-day, 100-day, 150-day, and 200-day SMAs—while remaining below the 5-day, 10-day, and 20-day Relative Strength Index (RSI) currently stands at 44.8. An RSI below 30 is typically considered oversold, while a reading above 70 is viewed as overbought. Meanwhile, the Moving Average Convergence Divergence (MACD) is at 0.9—above the center line but below the signal line—indicating a mixed momentum setup for the stock in the near term. ADVERTISEMENT Also read | HDFC Bank shares in focus as Rs 12,500-crore HDB Financial IPO opens next week (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
