Welspun Energy keen on bidding for solar UMPPs.

Welspun Energy, a part of the $4 billion Welspun Group, has shown interest in participating in government's programme of setting up 4,000 MW solar ultra mega power projects in the country.

'As a clean energy development company, we are always looking at opportunities to set up solar and wind projects in the country. The government's recent programme of setting up solar UMPPs gives us an opportunity to expand our capacities and become a leading clean energy developer,' Welspun Energy Managing Director Vineet Mittal told PTI .

The Ministry of New and Renewable Energy has embarked on a plan to set up 4,000 MW solar ultra mega power projects (UMPP) and has identified Rajasthan, Gujarat, Ladakh and Kargil for the same. This is a part of government's target of achieving 20,000 mw of solar capacity by 2020.

The government has already started groundwork on the first UMPP in Rajasthan, and tenders for the first phase of the project for developing of 1000 MW are likely to be floated soon.

ET