We are delighted to announce the signing of a Memorandum of Understanding (#MoU) with the Government of #Maharashtra's Department of Water Resources to develop a 1.2 GW pumped #hydroelectric storage project. This significant initiative, with an estimated investment of ₹5,000 crore, marks a key milestone in our commitment to #sustainableenergy. The MoU was signed in the presence of Shri Devendra Fadnavis, Deputy Chief Minister of Maharashtra, along with senior officials from both the government and our company. The project, to be constructed in the Pune and Raigad districts over the next 6-7 years, holds strategic importance as India aims to achieve 500 GW of #renewableenergy capacity by 2030. This project is expected to significantly enhance the country’s #energystorage capabilities, playing a crucial role in integrating renewable energy into the national grid and supporting the transition to a more sustainable and cost-effective energy system. Kapil Maheshwari Prashant Jain Nishant Thakkar Kaushik Narayanan Welspun World #WelspunNewEnergy #MoU #Maharashtra #PumpedStorage #energy #sustainability #ESG
Welspun New Energy Ltd.
Renewable Energy Power Generation
Mumbai, Maharashtra 13,428 followers
Pioneering energy transition for a sustainable future through Renewable Energy and Green Hydrogen platforms
About us
Welspun New Energy Limited (WNEL) is an emerging green energy infrastructure developer, with a strong focus on establishing large-scale renewable energy and green hydrogen projects. The company is part of Welspun World, one of India's fastest growing conglomerates, with presence in diverse sectors such as home textiles, pipes & steel, building materials, infrastructure and logistics. Welspun World has presence in 50+ countries globally, with a cumulative turnover of over USD 5 billion. Welspun has always been significantly committed to develop sustainable value propositions and uphold the highest ESG standards. The Group was one of the first organizations in India to pioneer the Renewable Energy industry. Welspun Energy Limited, part of the Welspun World until 2016, was one of India’s largest renewable energy companies with a Giga-Watt scale Renewable Energy portfolio. The portfolio, which was 88% operational, was acquired by Tata Power in 2016. Benefitting from being a part of the financially strong Welspun World as well as the Group’s accomplishments in the renewable energy business, WNEL has already made significant strides towards its goals by securing resources and capabilities for large projects in India. The company has chalked out plans to build a portfolio of 5 GW Renewable Energy and 2 million tons of Green Hydrogen and its derivatives by 2030, in line with India’s energy transition ambitions and Net Zero goal.
- Website
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https://welspunnewenergy.com/
External link for Welspun New Energy Ltd.
- Industry
- Renewable Energy Power Generation
- Company size
- 11-50 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Public Company
- Founded
- 2023
- Specialties
- Renewable Energy, Green Hydrogen , Green Ammonia, Solar, Wind, and Hybrid
Locations
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Primary
D/8, BKT House, Trade World,
Kamala City, Senapati Bapat Marg, Lower Parel (W),
Mumbai, Maharashtra 400013, IN
Employees at Welspun New Energy Ltd.
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Ashish Tambi
Sr. GM-Project Procurement and Contract|| Specializing in EPC Contracts|| Green Hydrogen, Ammonia & Derivatives|| Electrolyser || Exp. in Gr…
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Kapil Maheshwari
ED and CEO , Welspun New Energy, Renewable Energy and Green Hydrogen Development , IIT Bombay and IIM Bangalore Alumni
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Ashwini Kumar Pandey (CEng)
Green Hydrogen/Ammonia | Engineering | Procurement | Energy Transition | Renewable Energy | Battery Storage | Hybrid (Solar+Wind+BESS) | Hydrogen…
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Sunil Gupta
Sr. Manager- Process at Welspun New Energy Ltd.(WNEL) Green Hydrogen/Green Ammonia/Electrolyser Business,|Ex- HURL Sindri Jharkhand Green Field…
Updates
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Mr Nishant Thakkar participated in panel discussion on Green Hydrogen as part of India Power conference held at New Delhi on June 20-21, 2024. Industry experts discussed additional dimensions of the green hydrogen ecosystem and the potential for advancements in related areas that could contribute to the broader goals of decarburization and sustainable energy transition . #welspunnewenergy #WNEL #GreenHydrogen #Solar #Renewables Kapil Maheshwari
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Welspun New Energy extends a warm welcome to honorable Prime Minister Shri Narendra Modi as he embarks on his third term. We look forward to witnessing your vision on renewable energy policies for a stronger, sustainable and greener India. As member of SPDA Welspun New Energy Ltd. wishes Modi ji for this remarkable support to New Energy industry. Thanks and Welcome. #SPDA #WNEL Karunesh ChaturvediKapil Maheshwari https://lnkd.in/dY8CMzEQ
SPDA extends a warm welcome to Prime Minister Narendra Modiji as he takes the helm of the country for the third time. We look forward to working under his leadership on sustainable policies for a brighter, greener future for all. Narendra Modi Manohar Lal Ministry of New and Renewable Energy (MNRE) Essar Power Avaada Group ACME Group Hero Future Energies ReNew Welspun New Energy Ltd. #SPDA #Modi3 #CleanEnergyRevolution
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Welspun New Energy Ltd. reposted this
This video might not be real, but at Welspun, understanding the importance of recycling is a reality. This is why we recycle close to 7 billion litres of water annually, ensuring our factories preserve freshwater for the surrounding ecosystems. Happy #WorldEnvironmentDay! Know more at: https://www.welspun.com #WorldEnvironmentDay2024 #Environment #Initiatives #WaterRecycling #CGI #Welspun #WelspunWorld
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Welspun New Energy Ltd. reposted this
Balkrishan Goenka, Chairman of Welspun World, believes a digital intervention is the way forward to undo the damage caused to Earth for decades. After all, going digital is the future. #FromLeadersDesk #Welspun #WelspunWorld
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We at Welspun New Energy Ltd. are proud to announce that our CFO Mr Prashant Jain was announced as winner of " Innovative Finance Leader ( CFO) of the Year " award at the “𝟭𝟮𝘁𝗵 𝗘𝗱𝗶𝘁𝗶𝗼𝗻 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗦𝘂𝗺𝗺𝗶𝘁 & 𝗔𝘄𝗮𝗿𝗱𝘀 𝟮𝟬𝟮𝟰” organized by UBS Forums Pvt Ltd. , which took place at 𝗧𝗵𝗲 𝗟𝗮𝗹𝗶𝘁, 𝗠𝘂𝗺𝗯𝗮𝗶. Big Congratulations to Mr Jain and entire team of Welspun New Energy Ltd. #UBSFFOF #CFO #Financeleaders #Business #Analytics #productivity #WNEL #Solar #RenewablesEnergy #awards #ubsforums
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🌟 Exciting News Welspun New Energy Ltd. has just achieved something really remarkable by commissioning the 2 MWp Rooftop Solar system at Welspun Corp facility at Bhopal in just 30 days. 🔥☀️ This is an incredible display of our expertise and dedication towards maintaining committed timelines for commissioning to our clients . This isn't just a project; it's a testament to WNEL unwavering commitment to building a brighter, greener future for India. 🌱💡 With our superior Project Development capabilities, we're walking the Talk , helping corporate India speed up its transition to clean, sustainable energy sources. 💚 #rooftop #WNEL #solar #Renewableenergy #energytransition #client #satisfaction #welspun Kapil Maheshwari Ravi Thanvi Kaushal K. Vaishnav
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Welspun New Energy Ltd. reposted this
Even the biggest thank you will not be big enough to match their efforts. We are grateful and indebted. Happy Labour Day! #LabourDay #Welspun #WelspunWorld
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Our ED and CEO, Kapil Maheshwari Participated in World Energy Congress at Rotterdam from April 22-25, 2024. India Pavilion gave a clear message : Lifestyle for Environment. Indian delegation was represented by : Secretary of Power - Shri. Pankaj Agarwal CMDs of PFC - Smt. Parminder Chopra CMD of REC - Shri. Vivek K. Dewangan CMD of IREDA Ltd. - Shri. Pradip K. Das CMD of Powergrid - Shri. R.K.Tyagi CMD of SECI Limited -- Shri. R.P.Gupta CMD of NHPC Limited - Shri R. P. Goyal Kapil Maheshwari Spoke in a session on Supply chain resilience for PV and cleantech organized by CII with co-panelists Sh Pankaj Agarwal ( Secretary of Power) , Sh Pardip Das ( CMD of IREDA) and others from Industry. The CII delegation also visited the Indian Ambassador at Netherlands. India on world energy platform is unstoppable and taking the lead. Kapil explained on Welspun New Energy plans for Green Hydrogen and derivates production and how EU can benefit from it. The CII delegation also did a very Business thing : Visit to Tulip gardens)) #WNEL #welspunnewenergy #greenhydrogen #wec2024 #CII #MoP #Solar #Windenergy #greenammonia #energytransition
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Our Executive Director & CEO, Kapil Maheshwari, will be joining a power-packed panel discussion on "Green Hydrogen: Key Enabler for Transitioning" at the 5th Annual India Power Conference, scheduled to take place on June 20th-21st, 2024 at Hotel Le Meridien, New Delhi. Don't miss out on this insightful discussion! Register on https://ipc-2024.com/ and join us as we explore the pivotal role of green hydrogen in driving sustainable energy transitions. See you there! #IndiaPowerConference #IPC2024 #GreenHydrogen #Sustainability #EnergyTransition #renewablenergy #CleanEnergy #Greenammonia #welspunnewenergy