GST rolled out on July 1st has ensured that rates are under check for commodities having large weight in consumer’s basket and hence is a welcome for FMCG and retail sector. However, sectors such as hospitality and solar expected more clarity going forward. Sanjeev Aggarwal, MD of Amplus Solar, expected clarity in operational guidelines as the current taxation of less than 5% for some parts in solar projects and higher rates for others might result into problems with regard to certification.Read More
Who We Are
SPAAS Business Model
Amplus has an innovative (or competitive) Solar Power As A Service (SPAAS) business model that protects clients from techno-financial and commercial risks in using Solar Power while delivering long term commercial savings and contributing significantly towards environmental sustainability.
Amplus is run by experts in the power sector. Amplus is among the few companies that have end to end in-house capabilities across all aspects – including Design, Engineering, Procurement, Construction, Monitoring and Maintenance.
World Class Organisation
Amplus follows global best practices across Products, Process, Technology and EHS standards. We have received the National Excellence Award for Rooftop Project Development by Ministry of New and Renewable Energy (MNRE), GoI.
Amplus has an equity investment of US$ 150 million (INR 1,000 Crore) from I Squared Capital, a US based PE fund that focuses on Infrastructure. This translates into quick implementation without the need for third party investors.
We are entirely dedicated to the distributed (rooftop) sector – this has given a unique advantage in understanding this space as compared to other leading players. For most others, the rooftop segment forms a very small percentage of their overall business, not allowing them the focus required to address the unique challenges of this sector (grid scale and rooftop plants differ immensely in terms of issues and challenges).
Agility and Responsiveness:
With our quick turnaround times – from capacity analysis, commercial proposal, site specific customisation etc. to our speedy, committed-timeline implementation, Amplus ensures that the Customer is at the heart of the organisation. We guarantee delivery in our committed time frame. Our high repeat rates bear testimony to our customer service orientation.