Wednesday, March 13, 2013

Welspun Energy commissions Asia's largest solar project in Rajasthan

Welspun commissions largest solar project
Welspun Energy has commissioned Asia's largest solar power project in Rajasthan ahead of schedule. India's biggest developer of solar projects commissioned 50-megawatt solar power plant at Jodhpur district.

This is the largest solar project to be developed by Welspun Energy till date and is also the largest PV power plant in India.

The entire 50 MW solar project, located near Phalodi, Jodhpur District was developed in three phases of 15 MW, 15 MW and 20 MW. The PV project will generate total electricity of 90 million kWh or units annually and supply clean energy to power 25 million families.

With the commissioning of this project, an estimated 83,220 million tonnes of carbon dioxide emissions will be mitigated each year.

"Welspun Energy is committed to supplying clean energy to power India's growth. This 50 MW solar project is an achievement for us," said Vineet Mittal, co-founder & Managing Director Welspun Energy Ltd.

The "utility-scale solar project" was commissioned "in an astounding five months; well ahead of schedule, creating a new benchmark for the industry," a statement from the company said.

The company had won the 50 MW solar project through a competitive bid under Batch-2, Phase-1 of the Jawaharlal Nehru National Solar Mission. Welspun was the only company to have been awarded a maximum capacity of 50 MW under this scheme, making this the largest project in India.

"Completion of this project before schedule and at a lower than budgeted cost demonstrate Welspun Energy's expertise in solar project development," Mittal said.

Welspun Energy has become the largest solar power developer in India with over 300 MW solar and wind projects on the ground. The New Delhi-based firm is setting up 750 MW of solar power and 1 gigawatt of wind power plants across India.

The company is part of the $3.5 billion Welspun Group, which has interests in power generation, infrastructure, exploration and production of oil and natural gas, steel pipes and textiles.

With inputs from PTI

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