Welspun Energys contribution towards countrys energy security gets industry recognition
Excellence, innovation & applied best practices in Renewable Energy sector
EPC World Media Group and Ernst &Young, honour Welspun Energy with â€˜Outstanding Company in Power Generation (Renewable Energy) award
Mumbai, December 26, 2013: Welspun Energy Ltd. (WEL), one of India’s leading renewable energy generators has been contributing towards country’s energy security through its various solar and wind projects across the country. Time and again industry has recognized WEL’s technological and design prowess and awarded it with prestigious awards.
WEL has recently been awarded with â€˜Outstanding Company in Power Generation (Renewable Energy)’ award by EPC World Media group at its 4th EPC World Awards 2013. The award ceremony was held at the Hotel Ashok, Chanakyapuri, New Delhi.
EPC World Awards is the foremost event that acknowledges the achievements of companies and individuals from Infrastructure, Construction and Real Estate sectors and encourages them to perform even better. The EPC World awards have evolved as the national platform as one of the best industry recognition awards in India. Ernst & Young, a global leader in Assurance, TAX, TAS and Advisory services, is the Knowledge Partner for this award.
Welspun Energy is a leading independent developer of renewable energy projects with a vision of commissioning 1.75 GW of solar & wind projects. WEL has won one of the world’s largest solar power projects of 151 (DC) MW in the state of Madhya Pradesh and plans to commission it by early 2014. 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.
Speaking on the occasion Mr. Vineet Mittal, Managing Director Welspun Energy Ltd. said “We are happy to have been recognised as the Outstanding Company in Power Generation (Renewable Energy) among several other competitors. At Welspun Energy, we are committed to securing the future of the country and contributing towards the energy security of the nation. The award is a testament about the pace at which we are growing year-on-year to contribute to nation’s power needs. Our strength lies in the innovation mantra that we have adopted through our technological and design prowess from the country’s finest scientists and engineering team. This award is dedicated to all our various stakeholders who have supported and showed their confidence in our sound project implementation.”
Welspun Energy Limited, a private developer has developed India’s largest 55 (DC) MW solar project in Rajasthan and holds the distinction of being the fastest executed solar projects of this scale. The 5.5 MW solar project in Andhra Pradesh generated a high CUF% of 22.3%. Presently over 300 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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