Companies

Welspun bags 32-MW orders from Punjab Govt

PTI New Delhi | Updated on March 12, 2018

Welspun Energy, India’s biggest developer of solar projects, today said that it has been awarded 32-MW solar project orders by the Punjab Government.

The projects, awarded by the Punjab Energy Development Agency (PEDA) through a single stage competitive bidding, are to be commissioned during the second quarter of 2014, the company said in a statement here.

“Welspun Energy’s subsidiary Welspun Solar Punjab Pvt Ltd (WSPPL) emerged among the leading two organisations which have won the highest capacities. Cumulative 32-MW capacity was awarded to Welspun Energy as twin projects of 30 and 2 MW each, under the Punjab New & Renewable Sources of Energy (NRSE) Policy 2012,” it said.

At present, Punjab has an installed solar capacity of 9 MW. With this project, Welspun Energy will be annually feeding 56 million units of clean emission free energy into the Punjab state grid for subsequent 25 years. About 53,261 tonnes of CO2 emissions will be mitigated by this project on a yearly basis.

The State Government will be facilitating Welspun Solar Punjab with the necessary approvals, permission, land acquisition, registration & clearances for the project. Welspun Energy expects to soon be signing the agreement with Punjab State Power Corporation Ltd.

The company has so far built up more than 300-MW clean energy capacity on-ground. Out of this, 111-MW clean energy projects are operational.

With the recent spate of projects, the clean energy generator is well on its way of reaching 1.75 GW capacity target.

Published on July 04, 2013

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