Welspun Renewables is going to set up about 1,000 MW solar and wind capacities in Gujarat, with an investment of Rs 8,300 crore.
The company, in accordance with Gujarat Urja Vikas Nigam (GUVNL), has announced setting up 500 MW wind capacity and 600 MW solar capacity.
The Independent Power Producer (IIP) inked the 500 MW wind and 600 MW solar MoUs on the first day of Vibrant Gujarat Summit.
Welspun Renewables has commissioned 308 MW solar capacities so far. The organisation also envisages developing power projects throughout the country with existing projects located in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Tamil Nadu and Punjab.