Welspun Renewables Commissions Maharashtra’s Largest Solar Project under PPP Model

MUMBAI, India - July 22, 2015 - PRLog -- Welspun Renewables, India’s leading generator of solar energy has commissioned Maharashtra’s first mega solar capacity under the PPP (Public Private Partnership) model. The one of its kind 52 MW (DC) power plant can be a good model for realizing Hon’ble Prime Minister Shri Narendra Modiji’s 100 GW solar capacity vision by 2022. Located in one of the highest radiation receiving regions of the state, the Baramati project will generate enough green energy to power 240,000 households. Estimated 83,220 tonnes of carbon dioxide emissions will be mitigated each year.

Mr. Vineet Mittal, Vice Chairman Welspun Renewables said, “The 52 MW (DC) clean energy project is strengthening our partnership with the state of Maharashtra and advancement of the state’s utility-scale solar industry. This project is a testament of our commitment to furthering India’s clean energy mission. Our engineering expertise will ensure optimum generation from this project. While powering the state’s industries, we will also be working with our neighboring communities towards sustainable living.”

Welspun Renewables has set up the project on a public-private partnership (PPP) model with Maharashtra State Power Generation Co. Ltd (Mahagenco). The power producer has been fully responsible for part-finance, design, and commissioning of this grid interactive solar power.

Apart from Maharashtra the company has presence across 10 states in India. In line with its 11001 MW renewable commitment, Welspun Renewables will be commissioning 1 GW capacities well within this year.  For 100% of its current operating capacity the organisation has a PPA for 25 years, as also will be applicable for its future capacities.