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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.
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Sumitomo Corporation se asocia con Ampin Energy Transition para invertir $710M en proyectos de energía renovable de la India a través de la empresa conjunta Ampin C&I Power.