Connect with us

Hi, what are you looking for?


Clean Power

India’s Welspun Renewables Commissions 126 MW Wind Energy Project

Amidst market rumours of possible a stake sale, Welpsun Renewables announced that it has commissioned its largest wind energy project so far, commissioning a 126 MW wind energy project in the Pratapgarh district of the western state of Rajasthan.

According to the company, the project is expected to generate 290 million kWh electricity every year, offsetting greenhouse gas emissions equivalent to over 2.1 million tonnes of carbon dioxide, and was commissioned at a total cost of Rs 840 crore.

Welspun now has an operational capacity of 700 MW capacity across India, including India’s largest solar power project, the 151 MW (DC) located in the state of Madhya Pradesh. GE Energy Financial Services had invested in the project, picking up an equity stake.

Over the next five to seven years, Welspun Renewables plans to add 11 GW worth of renewable energy capacity, including 8.66 GW of solar power and 2.34 GW wind energy capacity. The company has signed an agreement with the state government of Gujarat to install 1.1 GW of renewable energy capacity, including 500 MW of wind energy capacity and 600 MW of solar energy capacity.

Welspun Renewables is part of the Welspun Group which has been in the news lately. As per a number of media reports, Welspun Group may be planning to sell the renewable energy business or a part of it. Some of it competitors have been named as the possible buyers. The company, however, has denied such reports.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

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

Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Written By

An avid follower of latest developments in the Indian renewable energy sector.


You May Also Like

Green Economy

Some of the leading global pension funds are vying for a stake in the latest renewable energy yieldco offering in India. According to media...

Green Economy

Global investment firm KKR has participated in the second fundraising exercise in sixth months for India-based Serentica Renewables. According to media reports, KKR has...

Green Economy

The Indian renewable energy company Avaada has secured a massive $1.07 billion from multiple investors, including Brookfield.  According to media reports, Brookfield Renewable, part...

Clean Power

GAIL India, a government-owned natural gas distribution company, has announced plans to enter the solar module manufacturing sector. GAIL, formerly Gas Authority of India...

Copyright © 2023 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.