Vineet Mittal, Vice Chairman, Welspun Renewables made this commitment during World Economic Forum's (WEF) 'AP Investment Session' in the presence of Chief Minister of Andhra Pradesh N. Chandrababu Naidu.
The company signed a memorandum of understanding (MoU) with the state government for the project with an estimated cost of Rs 700 crore. Commenting over the MoU, Mittal said, "We are quite keen to support Chief Minister's endeavor in creating an empowered state. Listening to his speech here at Davos was truly inspiring."
Mittal added that his company wants to extend its green footprint in Andhra Pradesh by setting up a mega solar capacity. He assured that like all its projects, the company aims to commission the 100.1 MW capacity well in time to meet the committed timelines.
Welspun Renewables has commissioned over 366 MW solar and wind power projects and another 978 MW capacities are under construction. The organisation envisions developing power projects pan India, with existing projects located in other high radiation zones like Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu and Punjab.
Source: Welspun
Article source: http://feedproxy.google.com/~r/Energynext/~3/qnHjE3gOfDY/
The post Welspun signs MoU to set up 100 MW solar project in AP appeared first on Renewable Electron.
