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

Welspun achieves financial closure for its Rajasthan project

01 Oct 2012 Editorial Team

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

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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

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