IPP commissions its 1st project in the state, cements Punjab’s commitment to green energy
- 34 MW (DC) Project to address state’s energy deficit by supplying 48 million units of clean energy annually
- Commissioned within committed timelines, in five short months
- In the next 25 years the solar project will have mitigated 1,331,525 tones of CO2 emissions
Mumbai, August 3rd, 2015 Welspun Renewables, India’s largest solar energy generator has set up its first solar power project – the Bhatinda 34 MW (DC), in Punjab. This is the largest commissioned solar capacity to come up in the state. Like all its projects before, Welspun Renewables has developed it ahead of committed deadlines, in 5 short months. It will annually be feeding 48 million units of clean & emission free energy into the Punjab state grid, for next 25 years. Spread across 140 acres in state’s Bhatinda district, in the next 25 years the project will have mitigated 1,331,525 tones of CO2 emissions. The company is among the first few to set up a project in Punjab.
Speaking on the occasion Mr. Vineet Mittal, Vice Chairman Welspun Renewables said “More than ever we need to exponentially build up the country’s renewable energy quotient Development is a necessity and to make it sustainable it has to be driven by clean emission free energy. Developed well within committed timelines, our projects are benchmarks in project management and optimal plant performance. Our 34 MW (DC) solar power plant is our first step in the state in this direction. While powering the state’s industries, we will also be working with our neighboring communities towards sustainable living.” In response to Punjab state’s growing energy demands, a cumulative 4200 MW solar target has been announced for the state by Shri Bikram Singh Majithia, Honorable Cabinet Minister of Revenue, Rehabilitation and Disaster Management; Information & Public Relations and Non Conventional Energy. In the Punjab capacity auction, bidders in the selection process were evaluated on their technological competence and Welspun Renewables’ subsidiary Welspun Solar Punjab Pvt. Ltd. (WSPPL) was among the leading two organizations which had won the highest capacities through a single stage competitive bidding in the state. Welspun Renewables is working aggressively to bring a difference to the country’s energy landscape. In line with Honorable Prime Minister Mr. Narendra Modi’s 175 GW renewable vision, we are committed to establishing 11001 MW of renewable capacities across the country. Towards this goal, in next few years we will be setting up 5 GW capacities, and of this 1 GW will be commissioned well within 2015-16. The company hopes to work closely with the Government of Punjab for becoming ‘energy secure’. The organization had also signed an MoU for setting up an additional 151 MW solar capacity.