Welspun India’s arm - Welspun Renewables has signed a power purchase agreement (PPA) with the Tamil Nadu Generation and Distribution Corporation (Tangedco) for setting up a 100-MW solar project in Tamil Nadu.
The company’s 100 MW is among the 146-MW worth of PPAs the Government has signed so far under the existing solar power purchase programme. Under the scheme, the developers who set up projects before September will sell their power to Tangedco at a rate of Rs 7.01 a kWhr.
Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. WIL’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.