• This marks Poly Medicure’s first off-site solar PPA
• AMPIN is the trusted renewable energy partner for leading healthcare companies, with a strong track record of repeat customers

 Poly Medicure Ltd. a leading medical device manufacturer has signed a Power Purchase Agreement (PPA) with AMPIN Energy Transition, India’s leading renewable energy transition company, to supply 9.9 MWp of solar power to their five plants from AMPIN’s 75 MWp solar park in Kurungawali Sirsa, Haryana. Under this agreement, approximately ~35% of Poly Medicure’s conventional power consumption of five plants in Faridabad will be replaced by solar power from AMPIN’s solar project. By shifting to solar power, the company is projected to realize significant cost savings, as the solar energy cost is estimated to be around 30% lower compared to existing discom power. In addition to economic benefits, this transition is expected to reduce Scope-2 emission, demonstrating Poly Medicure’s commitment to environmentally responsible operations.

Talking about the partnership, Dhruv Baid, Senior Manager, Corporate Strategy, Poly Medicure Ltd. said, “Our partnership with AMPIN Energy is a strategic step toward sustainability and operational efficiency. By addressing Scope 2 emissions, we are reducing our environmental footprint and reinforcing our commitment to protecting the natural ecosystem. AMPIN’s renewable energy solutions enable a seamless transition to solar power, reducing our reliance on conventional energy and significantly lowering our carbon footprint. We are confident that this collaboration will deliver measurable results in our sustainability journey, and we look forward to a long-term association with AMPIN.”

 Mr. Pinaki Bhattacharyya, MD and CEO, AMPIN Energy Transition said, “We are happy to partner with Poly Medicure in Haryana on their renewable energy transition journey. As the preferred renewable energy transition partner to Pharma & Healthcare companies in India, we are currently serving about 10 marquee customers in this category. This new PPA is a testament to our commitment to decarbonizing the healthcare industry and delivering reliable, cost-effective renewable energy solutions that lower costs and support sustainability goals. We look forward to expanding our footprint in Haryana and driving the energy transition in the state.”