Welspun Energy Awarded by Prime Minister at MNRE Solar Power Developers Award Function

Jaipur, September 21, 2013: Welspun Energy Ltd. (WEL), one of India’s leading renewable energy generators has been awarded the ‘Solar Power Developers’award by MNRE. Hon'ble Prime Minister, Dr Manmohan Singh gave the award to Mr Vineet Mittal, Co-Founder and MD, Welspun Energy for being 1st to commission 5 MW Solar Project in Andhra Pradesh under JNNSM Phase-I Batch-I. The award ceremony was held at the Police Lines Stadium, Panipech in Jaipur on 21st September, 2013. Smt Margaret Alva, Governor Rajasthan, Shri Ashok Gehlot, CM Rajasthan and Dr. Farooq Abdullah, Union Minister- MNRE were also present at the event.

The ‘Solar Power Developers’award recognizes Welspun Energy’s ability to commission projects well in advance to the set deadline. The award function was a part of the Solar Power Developers Meet organized by MNRE.

This 5 MW Solar Project setup at Pulivendula, District-YSR, AP was commissioned on 31st December 2011. Completion of this project before schedule, demonstrates Welspun Energy’s expertise in solar project development. WEL focuses on creating a robust value chain, which is essential for timely execution of projects within budgeted cost.

Union Minister, MNRE, Dr Farooq Abdullah said, “I congratulate the entire team of Welspun Energy for their achievement. I’m happy to note that private solar power developers across the nation, have started completing their projects well ahead in time, thus helping the government achieve it’s renewable energy target within the set deadline.”

Speaking on the occasion Mr. Vineet Mittal, Co-Founder & Managing Director Welspun energy Ltd. said “We are thankful to Hon’ble PM, Dr Manmohan Singh, Smt Margaret Alva, Governor Rajasthan, Shri Ashok Gehlot, CM Rajasthan and Dr. Farooq Abdullah, Union Minister- MNRE for recognizing our quick project development abilities among several other competitors and honouring us with this award. At Welspun Energy, we are committed to securing the future of the country and contributing towards the energy security of the nation. Welspun Energy's focus on creating robust value chain and strong execution skills is poised to create benchmarks in the fast growing renewable energy sector. I feel proud to be a part of the Welspun Energy team that has time and again demonstrated it’s ability to design, engineer and build renewable projects with high performance outputs and low cost - delivery period.”

Welspun Energy is a leading independent developer of renewable energy projects with a vision of commissioning 1.75 GW of solar & wind projects. Its emphasis of systems and processes has enabled Welspun Energy for flawless execution by consistently decreasing its on-ground development cycle. Through its strong commitment to triple bottom line, WEL is working for undeserved communities in area of education, empowerment & healthcare.

Welspun Energy’s 55 (DC) MW Rajasthan solar project is India’s largest solar project to date and has the distinction of being the fastest executed solar projects of this scale. Welspun won one of the world’s largest solar power project of 151 (DC) MW in the state of Madhya Pradesh and plans to commission it well within 2013. The 5.5 MW solar project in Andhra Pradesh, also generated a high PLF % of 22.3%. Presently over 250 MW of power projects are being developed through partnerships with leading solar module and equipment manufacturers in order to enable efficiency at the highest level. The organization aims to develop a total of 550 MW solar capacities in the state of Karnataka alone and an additional 100 MW in Andhra Pradesh.



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Atul Malikram

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