Welspun Renewables Makes a Green Energy Commitment of 11,001 MW

IPP will be setting up 8660 MW solar & 2341 MW wind projects

  • To work towards Narendra Modiji’s vision of Green India
  • Welspun Renewables will be executing over 1 GW projects well within this calendar year – 2015

Mumbai, Feb 14, 2015 Welspun Renewables, India’s leading renewable energy generator has pledged to set up mega 11 GW solar and wind projects across the country. In line with supporting Prime Minister Narendra Modi’s vision of 100 GW, Welspun Renewables will be formally announcing this commitment in the presence of Honorable Shri Modiji and other prominent global and national policymakers. The 11001 MW capacity will be developed as 8660 MW of solar and 2341 MW of wind power projects.

The announcement would be made on the first day of RE-INVEST at Vigyan Bhawan in New Delhi. RE-INVEST is Ministry of New & Renewable Energy’s (MNRE) first Renewable Energy Global Investment Promotion Summit, wherein Welspun Renewables was the lead sponsor.

Mr. Vineet Mittal, Vice Chairman Welspun Renewables said, “We believe in Honorable Prime Minister Modi’s vision and are committed to doing our utmost in exponentially increasing India’s green energy capacities. Under the aegis of Shri Modiji India has emerged as one of the most conducive regions for renewable energy development. Our 11001 MW commitment is a direct reflection of how the solar and wind energy industries will be growing in the future. We would like to thank both the MNRE and the state governments for giving us their support in developing our current and previous projects.”

Welspun Renewables will be commissioning over 1 GW of solar and wind capacities well within this calendar year – December 2015. In recent months Welspun Renewables has signed renewable energy agreements of 1100 MW with Gujarat and 100 MW PPA with Andhra Pradesh. The organization envisions developing power projects pan India, with existing projects located in other high radiation zones like Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu and Punjab.

 

About Welspun Renewables: (www.welspunrenewables.com)

Welspun Renewables is a leading independent developer of renewable energy projects. Within a short span, the clean energy generator has pioneered solar power solutions, both in terms of plant size and total installed capacity. Its power plants are among the highest generating projects in the country and have been built ahead of committed timelines, thereby helping the country meet its renewable energy targets. Welspun Renewables holds the distinction of winning and operating one of the world’s largest solar projects of 151 MW (DC). Through its strong commitment to triple bottom line, Welspun Renewables is working for underserved communities in area of education, empowerment & healthcare. Through its projects Welspun Renewables has mitigating over 850,734 tons of CO2 emissions annually till date.

Disclaimer:

The information in this release has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or completeness. No information in this press release shall constitute an invitation to invest in Welspun Renewables or any of its affiliates. Neither Welspun Renewables nor their or their affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any action taken on the basis of this press release, including, without limitation, any loss of profit, indirect, incidental or consequential loss.

For further information, please contact:

Welspun Renewables

Ms. Amrita Pai                                                                     Ms. Surbhee Jain

Email:    amrita.pai@welspun.com                 Email:    surbhee_jain@welspun.com

Tel:         + 91 (022) 61408028                                         Tel:         +91 (022) 61408029

Cell:        08879684952                                                      Cell:        08879688752

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