Welspun Renewables is an independent developer of renewable energy projects led by chairman Balkrishna Goenka. Its portfolio comprises solar and wind projects spread across eight Indian states. The company is committed to setting up 5 GW of capacity and expects to commission 1 GW within the current financial year. To date it has generated over 1.375 billion units of clean energy and mitigated 1.2 million tons of CO2 emissions. Its core business is utility-scale renewable power generation from solar and wind assets. The company recently received a $617M financing package that affects its current capital position.

Total raised

$617M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2015