NOVEMBER 20238AMPIN & JUPITER TO CREATE 1.3 GW SOLAR VENTURE IN INDIAAmpIn Energy Transition, previously known as Amp Energy India and a significant player in India's Independent Power Producer (IPP) sector, has unveiled a strategic alliance with Jupiter International Limited to create a joint venture exclusively dedicated to solar panel manufacturing. This partnership marks a crucial move to enhance India's solar cell and module production capacity, ultimately fostering self-sufficiency in the renewable energy industry.Within this joint venture (JV), the two partners will establish an advanced manufacturing facility with a focus on producing up to 1.3 gigawatts (GW) of high-quality solar cells and modules. This initiative is in line with the Indian government's Production-Linked Incentive (PLI) Tranche-II program, which is designed to boost domestic manufacturing, reduce global supply chain vulnerabilities, and decrease India's dependence on solar imports. AmpIn's venture into manufacturing is geared towards gaining control over the supply chain for critical components. This strategic move resonates with the growing demand for solar cells made in India.Jupiter International Limited, which already operates an 800 MW solar cell manufacturing facility in Himachal Pradesh, brings more than 15 years of experience producing efficient solar cells. This partnership harnesses Jupiter's expertise and combines it with AmpIn's dedication to delivering cost-effective renewable energy. According to the JV's terms, the solar modules will be used both domestically by AmpIn and provided to third-party developers, facilitating growth in both the domestic and export segments of India's renewable energy industry. LINDE WILL PROVIDE INDUSTRIAL GASES TO INDIAN OIL'S PANIPAT REFINERYLinde's branches in India have entered into extended contracts to provide industrial gases to Indian Oil Corporation's Panipat refinery in Northern India. Linde will establish, possess, and operate substantial on-site facilities to deliver hydrogen, nitrogen, and compressed dry air to Indian Oil through a Job Work arrangement. These new on-site facilities will assist in the significant expansion of the Panipat refinery, increasing its capacity from 15 to 25 million metric tons annually.Industrial gases play vital roles in the refining process, such as sulfur removal for clean fuel production, crude oil cracking into various products, and equipment purging and cleaning. The Panipat project will mark Linde's second major hydrogen plant constructed, owned, and operated for Indian Oil. It will also rank among Linde's largest on-site facilities in India, with a combined industrial gas production capacity of 142,200 cubic meters (Nm3) per hour. The plant is scheduled to become operational in 2025.Besides serving Indian Oil, the new on-site complex will fulfill nitrogen demand from various sectors, including chemicals & energy and manufacturing. Moloy Banerjee, President of ASEAN & South Asia at Linde, noted, "We secured this project due to the outstanding efficiency of our technology and Linde's proven track record in providing safe and reliable service to our customers. We are excited to strengthen our partnership with Indian Oil and expand our presence in Northern India". TOP STORIES
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