January 25, 2015 6:11 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Welspun Energy Limited

Company Overview

Welspun Energy Limited focuses on producing solar, thermal, and wind energy. The company was incorporated in 2002 and is based in New Delhi, India. Welspun Energy Limited operates as a subsidiary of Welspun Group.

3rd Floor

Press Trust of India

4, Parliament Street

New Delhi,  110001

India

Founded in 2002

Phone:

91 11 6603 4600

Fax:

91 11 6627 3090

Key Executives for Welspun Energy Limited

Co-Founder
Compensation as of Fiscal Year 2014.

Welspun Energy Limited Key Developments

Welspun Energy to Invest INR 13,500 Million in Solar Project in Punjab

Welspun Energy will invest INR 13,500 million in the next three years to set up 150 MW solar power project in Punjab, for which the company has signed the initial agreement with the state government. The company announced an MoU with Punjab government to set up solar power project of 150 MW capacity. The company is already developing a 35 MW solar project in Punjab. This 150 MW project is slated to begin commercial operations by 2017.

Welspun Energy Limited Secures INR 1.2 Billion in Financing for Solar Power Project in India

Welspun Energy Limited has secured INR 1.2 billion in financing for its 20MW solar power project in Jaisalmer in the state of Rajasthan. Rajasthan Renewable Energy will purchase the power generated at the solar plant, under a Power Purchase Agreement with the company's subsidiary Welspun Energy Solar Rajasthan. This solar facility will generate clean electricity to power around 115,200 million households.

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