Welspun Energy mulls setting up Rs 200 cr solar plant in Assam
Welspun Energy today said it is considering setting up a 25-MW solar power project at an investment of around Rs 200 crore in Assam. “We are looking to enter the North East, particularly Assam. To start with, we are considering a solar project to generate 20-25 MW of power at an investment of around Rs 200 crore,” Welspun Energy President TR Kishor Nair told PTI on the sidelines of an Assocham energy summit here. He, however, said the company’s plans will depend on the state government’s policies to promote generation of renewable energy such as solar, wind or biomass. Elaborating the company’s plans for the state, Nair said: “We need around 100-150 acres of land for such a project. The land should be very barren so that solar radiation is high.” Once announced, the project will be completed within 6-8 months, he added.
“Land acquisition is a big issue in every state. So, we hope the state government will help us in getting land as soon as possible,” Nair said. According to its official website, Welspun Energy has set a target to install 750 MW of solar power plants in the next three years across the country. Out of that, over 250 MW of power projects are being developed on ground currently.