Welspun Energy commisioned its 55 mw solar photovotaic (PV) power plant in Rajasthan. This project was a part of the first phase of the National Solar Mission and is Asia's largest single location solar power plant. This solar project located near Phalodi in Jodhpur district has been developed in three phases of 15, 15 and 20 mw. Welspun infoirmed that it completed the project in five months.
This solar PV project will generate total electricity of 90 million kWh annually and supply clean energy to power 2,50,000 families. With the commissioning of this project, an estimated 83,220 tonnes of carbon dioxide emissions will be mitigated each year, said Welspun offcials.
The compnay also said that it aims to invest Rs 15,000 crore to set up 1,750 mw of renewable energy projects in the next three years, the company said.
A part of this investemnt is also aimed at developing 300 mw of wimnd power capacity in Rajasthan. The company also plans to construct 850 mw of wind power and 550 mw of solar in Karnataka.
The solar farm, which was completed ahead of planned schedule taking just five months, was dedicated to the nation by Union New and Renewable Energy Minister Farooq Abdullah.
The project can 2.5 lakh homes, and can reduce carbon emissions by 83,220 tonne annually, the company claimed in a statement. The project was developed in three phases of 15, 15 and 20 mw.
Abdullah said his ministry has aggressive growth plans to generate and illuminate every household through clean energy and this project is a testament of the fact that we are certainly moving in the right direction.
The company has not revealed the cost of the project.
The project is also the largest solar PV power plant in the country apart from being the largest in Asia in terms in a single location.
The power generated from project will be sold to NTPC Vidyut Vyapar Nigam, which also was the nodal agency during the bidding process.
Welspun Energy co-founder and managing director Vineet Mittal said the company plans to develop 1.75 gm solar and wind power in the next three years.