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Welspun India’s arm inks MoU with iPLON

16 Apr 2015 Evaluate

Welspun India’s arm - Welspun Renewables has signed a memorandum of understanding (MoU) with Germany-based iPLON for supplying equipment required for its 550 MW upcoming solar power capacity in India.  The company has chosen iPLON GmbH for supply, installation and commissioning of solar PV power plant automation systems for its upcoming projects in India.

Welspun Renewables is working towards achieving its green energy commitment of 11,001 MW. It has set a target of commissioning over 1 GW of solar and wind capacity within this fiscal. iPLON will offer its power plant automation system, plant analysis tools, telemetry systems and central monitoring systems required by Welspun Renewables to manage their large portfolio of projects.

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.

Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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