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Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects

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..... Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects
PTI News
Dated:- 4-2-2025
PTI
New Delhi, Feb 4 (PTI) Welspun New Energy has signed a pact with the Odisha go .....

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..... vernment to invest Rs 13,500 crore for the development of two clean energy projects in the state, a statement said on Tuesday. Under this agreement, Welspun New Energy has committed investments wort .....

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..... h Rs 13,500 crore to develop a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project in Odisha, its parent firm Welspun World said in the statement. These projects are expected t .....

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..... o enhance the state's energy storage capacity, support the integration of renewable energy into the grid, and contribute to India's overall target of achieving 500 GW of renewable energy capacity by 2 .....

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..... 030, it added. "The projects, backed by our Rs 13,500 crore investment in green technologies, mark a key milestone in our mission to accelerate renewable energy adoption in the state, highlighting o .....

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..... ur unwavering commitment to innovation and sustainability," Kapil Maheshwari, Executive Director & CEO of Welspun New Energy, said. Welspun World is a conglomerate with a dominant presence in sector .....

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..... s like steel, renewables, line pipes, oil and gas, and infrastructures among others. PTI ABI ABI SHW SHW
News - Press release - PIB .....

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