Welspun achieves financial closure for its Rajasthan project
POWER & RENEWABLE ENERGY

Welspun achieves financial closure for its Rajasthan project

Welspun Energy, one of India's leading renewable energy companies, has achie¡ved financial closure for a 50 MW solar photovoltaics project in Rajasthan.

The company has secured a long-term project funding of Rs 355 crore from a consortium of lenders comprising three PSU Banks and one infrastructure finance PSU. The company, after having a geographically diversified presence in the five key states - Rajasthan, Gujarat, Madhya Pradesh, Karnataka and Andhra Pradesh - is further exploring opportunities in other states including Uttar Pradesh, Tamil Nadu, Orissa and Chhattisgarh.

Contact: Welspun Energy.
Tel: 011-6603 4600.
Fax: 011-6627 3091.
Website: www.welspunenergy.com

Welspun Energy, one of India's leading renewable energy companies, has achie¡ved financial closure for a 50 MW solar photovoltaics project in Rajasthan. The company has secured a long-term project funding of Rs 355 crore from a consortium of lenders comprising three PSU Banks and one infrastructure finance PSU. The company, after having a geographically diversified presence in the five key states - Rajasthan, Gujarat, Madhya Pradesh, Karnataka and Andhra Pradesh - is further exploring opportunities in other states including Uttar Pradesh, Tamil Nadu, Orissa and Chhattisgarh. Contact: Welspun Energy. Tel: 011-6603 4600. Fax: 011-6627 3091. Website: www.welspunenergy.com

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?