Welspun Renewables has signed a Memorandum of Understanding (MoU) for setting up 100.1MW solar PV project in Andhra Pradesh. Cumulative investment of INR 700 crores would be made to commission this project.
Mr. Vineet Mittal, Vice Chairman Welspun Renewables said, "We are quite keen to support Honorable Chief Minister's endeavor in creating an empowered state. Listening to his speech here at Davos was truly inspiring. We want to extend our green footprint in Andhra Pradesh by setting up a mega solar capacity. Welspun Renewables will be bringing its world-class engineering and project development expertise to this project. Like all our projects we aim to commission the 100.1 MW capacity well in time to meet the committed timelines."
Welspun Renewables has another 978MW capacities are under construction.