AZB & Partners Advises Wipro on Strategic Investment to Boost Renewable Energy Use and Achieve ESG Goals
Wipro has successfully entered into a transaction with AmpIN C&I Power Private Limited to set up a solar captive power project and secure renewable energy for its operations in Tamil Nadu. As part of this initiative, AmpIN C&I has established a special purpose vehicle, AmpIN Energy C&I One Private Limited, in which Wipro has invested approximately INR 2.4 crores. This collaboration aims to enhance Wipro’s renewable energy usage across its Tamil Nadu offices and support the company’s environmental, social, and governance (ESG) objectives.
The transaction was led by AZB & Partners’ Senior Partner Anuja Tiwari, Partner Mallika Anand, Senior Associate Sumi Trivedi, and Associate Mohit Mansharamani on the Projects side, and Senior Partner Srinath Dasari, Counsel Adoksh Shastry, and Associate Anjali Sasikumar on the Corporate side.
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