Welspun Renewables

Welspun Renewables is the pioneering organization to utilize the power of the sun and wind. In line with Honorable Prime Minister Mr. Narendra Modi’s 175 GW renewable vision, we are committed to establishing 11001 MW of renewable capacities across the country. Towards this goal, in next few years we will be setting up 5 GW capacities, and of this 1 GW will be commissioned well within 2015-16. Welspun Renewables has developed some of the world’s largest and highly efficient grid-connected solar and wind power plants. We take pride in our team’s ability to work relentlessly on projects in a time-bound and cost-effective manner. With a 545 MW (399 MW solar and 146 MW wind) capacity, we hold one of the largest renewable energy portfolios in India. Towards this goal, we will be setting up 5 GW capacities in the next few years, and of this 1 GW will be commissioned well within this financial year. Through our projects we have mitigated over 1.1 million tons of carbon emission. Global institutions like General Electric Financial Services and Asian Development Bank have chosen to invest in us. Our recent achievements herald the beginning of our projects springing up across India. Located in high solar irradiation and wind velocity sites, our power plants are spread across Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, Punjab, Tamil Nadu and Andhra Pradesh. Our 151 MW (DC) Neemuch solar power plant is one of the world’s largest and was developed eight months ahead of schedule. Our 55 MW (DC) Phalodi solar capacity is one of India’s largest and is counted among the highest generating plants in the country. The recently commissioned 19 MW (DC) Chitradurga plant is Karnataka’s largest solar project.

Company Growth (employees)
Type
Private
HQ
New Delhi, IN
Founded
2009
Size (employees)
307 (est)-1%
Welspun Renewables was founded in 2009 and is headquartered in New Delhi, IN

Key People at Welspun Renewables

Sindoor Mittal

Sindoor Mittal

Director
Balkrishna Goenka

Balkrishna Goenka

Founder and Chairman
Vineet Mittal

Vineet Mittal

Vice Chairman

Welspun Renewables Office Locations

Welspun Renewables has offices in New Delhi and Mumbai
New Delhi, IN (HQ)
Pti Sansad Marg
Mumbai, IN
Prof Ns Phadke Marg Om Sairam Chs

Welspun Renewables Data and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$215 m

Latest funding size

$165 m

Time since last funding

over 1 year

Investors

Welspun Renewables's latest funding round in October 2015 was reported to be $165 m. In total, Welspun Renewables has raised $215 m

Welspun Renewables News and Updates

Welspun Renewables Company Life and Culture

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