bp [https://www.bp.com/], a global integrated energy company, and Infosys 
[http://www.infosys.com/], (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global 
leader in next-generation digital services and consulting, today announced that 
they have agreed to develop and pilot an energy as a service (EaaS) solution,  
which will aim to help businesses improve the energy efficiency of 
infrastructure, and help meet their decarbonization goals. 

   Infosys and bp intend to co-develop a digital platform that can collect data 
from multiple energy assets and use artificial intelligence to optimize the 
energy supply and demand for power, heat, cooling and EV charging. The 
companies will pilot the digital platform at the Infosys Pune Development 
Center – in an environment that replicates a small city, where energy is 
generated, stored, and consumed at multiple points. Once the pilot is 
successful, they will aim to roll this model out across other Infosys campuses 
in India, and with some clients, to help manage energy and help reduce 
emissions. 

   In addition, the companies have agreed to collaborate on integrating solar 
energy production into the campus' energy system. Energy that is generated 
through this integration will be monitored and optimized by the digital 
platform and can be stored or redirected to the building power supply, heating 
and cooling systems, and also to an EV charging infrastructure. 

   Sashi Mukundan, President, bp India and Senior Vice President, bp Group, 
said, "At bp, we set out to provide solutions to enable cities and hard to 
abate industries decarbonize. Integrating advances in energy, mobility and 
digital technologies and services has huge potential to accelerate the progress 
towards a more sustainable and resilient future. By bringing together our 
complementary capabilities, products, and services from bp's different joint 
ventures in India, bp and Infosys can help each other – and our customers – 
achieve energy and sustainability goals faster."

   Pravin Rao, Chief Operating Officer, Infosys, said, "Infosys shares bp's 
ambitions for a net zero carbon future. Our collaboration with bp further 
strengthens our long-standing commitment towards sustainability and supports 
our ambitious ESG goals. We will now bring together the best of digital 
technologies – advanced AI, connected digital systems, experience design, 
analytics – and decarbonization to create an integrated energy and mobility 
offering. Together, bp and Infosys can create compelling and sustainable value 
for our customers globally."

   bp in India 

   With a century-long business presence in India, bp is one of the largest 
integrated energy companies in the country. In addition to their gas value 
chain partnership, they have a major retail, aviation fuels and mobility 
alliance, Jio-bp. bp's activities in India also include Castrol lubricants, oil 
and gas trading, clean energy projects through its investment in the Green 
Growth Equity Fund (GGEF), IT applications and delivery activities, an AI 
enabled new global business services center and a digital innovation hub, 
staffing and training for the global bp marine fleet, and the recruitment of 
skilled Indian employees for bp's global businesses.

   About Infosys

   Infosys is a global leader in next-generation digital services and 
consulting. We enable clients in more than 50 countries to navigate their 
digital transformation. With over four decades of experience in managing the 
systems and workings of global enterprises, we expertly steer our clients 
through their digital journey. We do it by enabling the enterprise with an 
AI-powered core that helps prioritize the execution of change. We also empower 
the business with agile digital at scale to deliver unprecedented levels of 
performance and customer delight. Our always-on learning agenda drives their 
continuous improvement through building and transferring digital skills, 
expertise, and ideas from our innovation ecosystem.

   Visit www.infosys.com to see how Infosys (NSE: INFY) (BSE: INFY) (NYSE: 
INFY) can help your enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects, 
financial expectations and plans for navigating the COVID-19 impact on our 
employees, clients and stakeholders are forward-looking statements intended to 
qualify for the 'safe harbor' under the Private Securities Litigation Reform 
Act of 1995, which involve a number of risks and uncertainties that could cause 
actual results to differ materially from those in such forward-looking 
statements. The risks and uncertainties relating to these statements include, 
but are not limited to, risks and uncertainties regarding COVID-19 and the 
effects of government and other measures seeking to contain its spread, risks 
related to an economic downturn or recession in India, the United States and 
other countries around the world, changes in political, business, and economic 
conditions, fluctuations in earnings, fluctuations in foreign exchange rates, 
our ability to manage growth, intense competition in IT services including 
those factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry and the outcome of pending litigation and government 
investigation. Additional risks that could affect our future operating results 
are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, 
from time to time, make additional written and oral forward-looking statements, 
including statements contained in the Company's filings with the Securities and 
Exchange Commission and our reports to shareholders. The Company does not 
undertake to update any forward-looking statements that may be made from time 
to time by or on behalf of the Company unless it is required by law.

   Photo: https://mma.prnewswire.com/media/1672766/Infosys_bp_EaaS.jpg

   Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg
   
   Source: Infosys