Sumitomo Corporation partners with Ampin Energy Transition to invest $710M in India's renewable energy projects through joint venture Ampin C&I Power.

Japan's Sumitomo Corporation has partnered with India's Ampin Energy Transition to invest 100 billion yen (approximately $710 million) in renewable energy projects through a joint venture named Ampin C&I Power. The venture aims to supply 1 GW of green energy, primarily targeting Japanese-affiliated commercial and industrial clients in India. This marks Sumitomo's entry into India's corporate power purchase agreement market, supporting the country's growing energy demands.

September 12, 2024
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