March 12, 2013 Welspun Energy Limited (WEL) has commissioned its utility-scale solar project in an astounding five months; well ahead of schedule, creating a new benchmark for the industry. WEL had commissioned part 15MW capacity earlier this year, and the balance 35MW capacity additions have been achieved recently; thereby meeting its commitment of generating clean energy for fueling Rajasthan's growth. Within three days of commissioning, the 15MW capacity is generating a high DC PLF % 0f 22.6% in the stabilization period.
"Welspun Energy is committed to supplying clean energy to power India's growth. This 50MW solar project is an achievement for us. This success wouldn't have been possible without the support of the Ministry of New & Renewable Energy and the Government of Rajasthan." said Mr. Vineet Mittal, Co-Founder & Managing Director Welspun Energy Ltd.
This is the largest solar project to be developed by Welspun Energy till date and is also the largest PV power plant in India. The entire 50 MW solar project, located near Phalodi, Jodhpur District was developed in three phases of 15, 15 and 20MW. The PV project will generate total electricity of 90Mn kWh annually and supply clean energy to power 25 million families . With the commissioning of this project, an estimated 83,220 million tonnes of carbon dioxide emissions will be mitigated each year.
"Completion of this project before schedule and at a lower than budgeted cost, demonstrates Welspun Energy's expertise in solar project development. Best in class engineering practices and project management excellence contributes towards our success. With this 50MW solar project completion, we have set new standards of project execution, creating new benchmark for the industry." said Mr. Vineet Mittal, Co-Founder & Managing Director Welspun Energy Ltd.
WEL had won this 50MW solar project in a competitive bid under Batch-2, Phase-1 of the Jawaharlal Nehru National Solar Mission. WEL was the only company to have been awarded a maximum capacity of 50MW under this scheme, making this the largest project in India. With its superior expertise in engineering, strategic planning and project execution skills the the company has become the largest solar power developer in India with over 300MW solar and wind projects on the ground.