Power Update

Welspun 126 MW wind project financing closed

January 2015
Welspun Renewables Energy has closed the financing for its 126 MW wind project in Rajasthan, securing Rs 630 crore through long term funding from a consortium of leading financial institutions. The on-ground construction work for the project has progressed well ahead of schedule, to be completed by June 2015. Pratapgarh district, one of the highest wind velocity sites in the state, will generate an estimated 290 mn units of clean energy.