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Welspun Renewables commissions 126MW wind farm in India

CTBR Staff Writer Published 07 December 2015

Welspun Renewables has commissioned a 126MW wind farm in the Indian state of Rajasthan which was built at a cost of around Rs8.4bn ($125.8m).

The Pratapgarh wind farm will be capable of generating about 290 million units of clean energy per year, enough to meet the power needs of 7,25,760 households.

The wind farm, which is claimed to be the largest wind project in the company's portfolio, is estimated to reduce 2,11,922 tons of carbon emissions.

Welspun is planning to commission 1GW of solar and wind power projects by the end of this financial year.

Welspun Renewables vice chairman Vineet Mittal said: "This project is a testimony of our aggressive approach to the renewable energy business and our wind business in particular.

"Our project site in Pratapgarh is one of the most suitable sites in the country for wind energy. Like most of our solar and wind projects, this will also be among the highest generating power plants in India."

The company, which is currently present in 10 states across India, has so far commissioned close to 700MW of clean energy projects in the country.

In October this year, the company received around $617m in funding for its green energy business.

The investment has been through a combination of debt and equity infusion by the promoters, existing and new investors.