Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Welspun Energy Commissions India’s & Asia’s Largest Solar Power Project

Welspun Energy has bettered its own record for the largest solar power project in India as well as Asia that is owned by a single developer. The project has overtaken the Shams 1 solar thermal power project in UAE as the largest in Asia.

Welspun Energy Commissions India's And Asia's Largest Solar Power PV Project

Credit: Pink Dispatcher | CC BY SA 2.0

The company, which is in the midst of an aggressive expansion in the clean energy sector, commissioned a 130 MW solar photovoltaic power plant in the central Indian state of Madhya Pradesh last week. The project, implemented under the state’s solar power policy, required an investment of US $177 million (Rs 1,100 crore). The company is expected to sell the power generated to state-owned power distribution companies at a price of US $0.13 (Rs 8.05) per unit.

The power plant is a significant addition to India’s rapidly expanding solar power generation capacity, which stood at just over 2,200 MW at the end of January 2014. The country added 972 MW of solar power capacity during the 12 months prior to February 2014.

The company had commissioned a 50 MW solar PV project in March last year which was the largest solar power project (PV or thermal) in the country. The project was commissioned under the Jawaharlal Nehru National Solar Mission (JNNSM).

In terms of multi-developer projects, Gujarat’s Charanka solar park is the largest project in India. The solar park consists of around 220 MW of solar power projects owned by various companies.

Aggressive Capacity Expansion Plans

Another project of 150 MW capacity is expected to be commissioned soon in the western state of Maharashtra. The project is owned by the state’s power distribution company, which has expressed plans to set up similar projects in the near future. It is noteworthy that Maharashtra is the largest consumer of electricity among all states in India and, thus, also has very high renewable purchase obligation.

The Solar Energy Corporation of India (SECI), which will implement the remaining phases of the JNNSM, is working on an ultra mega solar power project with a capacity of 4,000 MW. The project will be commissioned in phases with the first 1,000 MW capacity expected to be online by 2016. In addition to SECI, BHEL, Powergrid Corporation, Hindustan Salts, and Rajasthan Electronics & Instruments Limited will be part of this project. Interestingly, Welspun Energy has expressed interest in developing part of this project as well. The company also signed an agreement to set up a 150 MW solar PV project in the northern state of Punjab.

A slew of large-scale projects may be commissioned over the next 12 to 15 months as six solar thermal power projects with an aggregate capacity of more than 400 MW are expected to be commissioned. These projects, currently facing some delays, were allocated to the respective project developers through reverse auctioning during the first phase of the JNNSM.

Keep an eye on all of our solar energy news by subscribing to our solar energy newsletter or overall cleantech newsletter.


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Mridul currently works as Head-News & Data at Climate Connect Limited, a market research and analytics firm in the renewable energy and carbon markets domain. He earned his Master’s in Technology degree from The Energy & Resources Institute in Renewable Energy Engineering and Management. He also has a bachelor’s degree in Environmental Engineering. Mridul has a keen interest in renewable energy sector in India and emerging carbon markets like China and Australia.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Clean Power

Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news...

Clean Power

A transaction related to the sale of wind turbine manufacturer Senvion’s India business has been completed. According to media reports, the Saudi Arabia-based manufacturer...

Clean Power

Originally published on NRDC Expert Blog. By Sameer Kwatra, Co-authored with Nitish Arora India, the world’s fourth-largest renewables market and fifth-largest automobile producer, is also the world’s...

Clean Power

Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.