- Adani Solar plans to penetrate into the South Indian renewable energy market
- Amplifymart will be responsible for all the retail requirements across the state
- The state government has envisioned capacity of 5 GW for solar capacity by 2022 in Telangana
Adani Solar has announced the launch of its retail distribution business in Telangana with Amplifymart as official channel partners for the Telangana region.
Tapping south market
The company aims to capitalize and penetrate into the South Indian renewable energy market. This partnership is a step towards facilitating consumers or commercial establishments, houses, apartment complexes, and community halls in Telangana to switch to sustainable solar power solutions at an economical rate, the official statement read.
“Adani Solar will target an aggressive 50% market share. We look forward to achieving a higher reach and visibility of our product in the country by increasing power consumption through alternate forms of energy like Solar energy as moving forward this will be an ideal way to maintain a balance between economic growth and sustainable environment,” said Ramesh Nair, Chief Executive Officer, Adani Solar.
Role of Amplifymart
He added, “Amplifymart as the authorized channel partner of Adani Solar will be responsible for all the retail requirements across the state. They will be consigned with an exclusive territory to manage orders of solar panels up to 200 KW and be responsible for overall lead generation, conversion, and service.”
The government of Telangana has been promoting the solar rooftop system in the region. It has envisioned capacity of 5 GW for solar capacity by 2022 in Telangana