Thursday, 22 August 2013

Welspun India’s business arm - WEL unveils a 55-MW solar plant in Rajasthan

Welspun India’s business arm - Welspun Energy (WEL), the country’s biggest developer of solar projects has unveiled a 55-MW solar plant in Rajasthan, on August 21, 2013. This Rs 500-crore project was formally inaugurated by Union Minister for New and Renewable Energy, Farooq Abdullah, and Rajasthan Chief Minister Ashok Gehlot.

The company is likely to invest Rs 15,000 crore to set up 1,750 MW of renewable energy projects in the next three years. Currently, it has an operating capacity of around 150 MW, which expected to go up to 400 MW by the end of the current fiscal

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