Indus Towers, a leading mobile tower infrastructure company based in Gurugram, is expanding its renewable energy footprint by securing 50 MW of solar power through captive mode from Amplus Tungabhadra, a subsidiary of Amplus Energy. To facilitate this, the company will invest Rs 270 million for a 26% equity stake in the special purpose vehicle (SPV) on a fully diluted basis. The dedicated solar power project, expected to be operational by February 2026, aligns with Indus Towers’ sustainability strategy aimed at reducing its carbon footprint.
The company has already integrated solar systems at 15,535 tower sites and operates 276 locations powered by solar and wind microgrids. Additionally, in Karnataka, Indus Towers has entered into agreements for an extra 8.3 MW with Amplus, further expanding its renewable energy portfolio under green energy open access. The company currently operates 229,659 towers and 379,236 co-locations. Its long-term goal is to achieve net-zero emissions by 2050 and scale its renewable energy capacity to the gigawatt level.
Indus Towers’ ongoing green initiatives include an installed solar capacity of 76 MW and plans to power 25,000 sites with solar energy by 2025. In 2024, the company committed to procuring 130 MW from JSW Green Energy Eight and partnered with NTPC Green Energy to develop grid-connected solar, wind, and energy storage projects. Through these efforts, Indus Towers continues to drive its transition toward sustainable operations.
