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Welspun India Q4 Net jumps 83% to Rs 98.66 crore

Last Updated: Tuesday, May 20, 2014, 17:02

Welspun India today reported over 83 percent jump in its net profit at Rs 98.66 crore for the quarter ended March 31.

GE Energy to invest $24 mn in Welspun project

Last Updated: Friday, April 25, 2014, 14:38

GE Energy Financial Services on Friday announced a partnership with Welspun Renewables Energy for funding the latter's 151 MW solar photovoltaic power project in India.

Govt approves eight FDI proposals worth Rs 1,024 crore

Last Updated: Sunday, February 23, 2014, 12:29

The government has approved eight foreign investment proposals, including plans by L&T Infrastructure Development Projects and Welspun Renewables Energy, totalling Rs 1,024 crore.

Welspun to invest Rs 1,350 cr to set solar power proj in Pun

Last Updated: Wednesday, January 08, 2014, 18:46

Welspun Energy will invest Rs 1,350 crore in the next three years to set up 150 MW solar power project in Punjab, for which the company has signed the initial agreement with the state government.

Welspun to exit from JV with Leighton for $99 min

Last Updated: Monday, December 30, 2013, 15:45

The transaction would be completed in the first quarter of 2014 once the procedural conditions are met.

Welspun Energy commissions Asia's largest solar plant in Raj

Last Updated: Wednesday, August 21, 2013, 19:22

The solar farm, which was completed ahead of planned schedule taking just five months, was dedicated to the nation by Union New and Renewable Energy Minister Farooq Abdullah.

Welspun gets funding for Karnataka solar project

Last Updated: Tuesday, June 25, 2013, 16:44

The 7 MW project located in Chitradurga district will cost Rs 65 crore and is being funded in 75:25 debt-equity ratio.

Welspun achieves financial closure for Solapur project

Last Updated: Wednesday, June 19, 2013, 21:30

The company said it has achieved financial closure for the Rs 180 crore project being set up in Solapur in Maharashtra.

Welspun to focus on pipe and plates biz; demerge other units

Last Updated: Monday, June 03, 2013, 20:54

In a statement, the company said that Welspun Corp -- the flagship company of the Welspun group -- will solely focus on pipe and plates business in India and globally. The demerged company -- Welspun Enterprises-- would focus on steel, infrastructure, oil and gas exploration and energy businesses.

Welspun India posts net profit of Rs 53.82 cr in Q4 FY 13

Last Updated: Thursday, May 16, 2013, 17:25

The company said its standalone net profit rose to Rs 171.40 crore in 2012-13 from Rs 117.11 crore in FY 12.

Welspun Energy tie up with NMIMS

Last Updated: Tuesday, April 23, 2013, 15:09

Welspun Energy, India's biggest developer of solar projects, today said it has entered into a pact with Narsee Monjee Institute of Management Studies (NMIMS) for exchange of knowledge and skills development in renewable energy industry.

Welspun Corp repurchases FCCBs worth $24.4 mn

Last Updated: Friday, March 29, 2013, 19:09

Welspun Corp, the flagship company of USD 3.5 billion Welspun Group, Friday said it has part repurchased foreign currency convertible bonds (FCCBs) worth USD 24.4 million through open market route.