Latest news with #ISTS-backed
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). "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
3 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). "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.
India.com
3 days ago
- Business
- India.com
Sunil Mittal's BIG move, Airtel signs new deal with…, to procure an additional…
Nxtra by Airtel announced on Monday that it will procure an additional 125.65 megawatts of renewable energy from Ampin Energy under a new agreement signed between the two firms. With this latest deal, the total renewable energy capacity sourced through their partnership has now surpassed 200 megawatts. Airtel Nxtra On New Deal '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. What Is Ampin's Connection With Nxtra? 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. (With Inputs From PTI)
Business Times
3 days ago
- Business
- Business Times
Singtel associate Airtel's data centre firm inks renewable-energy partnership to boost capacity
[SINGAPORE] Singtel regional associate Bharti Airtel announced on Monday (Jul 28) that its data centre company Nxtra has signed a partnership with an Indian renewable-energy company to raise its capacity. Nxtra's partnership with Ampin Energy Transition involves 125.7 megawatts (MW) of solar-wind hybrid energy through plants connected to the Inter-State Transmission System (ISTS), said the New Delhi-headquartered telco. The collaboration will boost the data centre company's infrastructural efficiency, decarbonisation efforts and operations; it will also raise the renewable-energy capacity supplied through its partnership with Ampin Energy Transition to more than 200 MW, Airtel said. The additional capacity will be delivered to Nxtra in two phases. In each phase, it will be delivered through captive solar-wind power projects in the states of Rajasthan and Karnataka. Ampin Energy Transition already supplies solar power to Nxtra through intra-state, open-access systems in the states of Uttar Pradesh, Maharashtra and Odisha, Airtel noted. Ashish Arora, chief executive of Nxtra, said that the partnership uses ISTS-backed clean energy to power facilities to support India's digital growth sustainably. Singtel's sale of a 1.2 per cent of its direct stake in Airtel, announced in May, brought its effective interest in the company from 29.5 per cent to 28.3 per cent. Headquartered in New Delhi with a portfolio comprising renewable-energy assets across solar and wind energy, Ampin Energy Transition provides green energy to utility, commercial and industrial players. It is backed by leading institutional investors from Europe, Asia and North America. Among these are European investment platform Lightrock, Sumitomo Mitsui Banking Corporation, the Asian Infrastructure Investment Bank and global alternative asset manager Intermediate Capital Group.
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Business Standard
3 days 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.
