In the state of Chhattisgarh, India, a 100 MW (100,000 kW) solar power plant is to be constructed, and 10 billion rupees ($183 million USD) of that will be provided by Welspun Renewables Energy Ltd, who is backed by the Indian textile-to-infrastructure conglomerate Welspun Group to partly fund it.



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This means that Welspun is contributing $1.83 USD per watt or 100 rupees per watt of the project cost (divide the cost by the number of watts). The state government is assisting by facilitating the necessary approvals and land acquisition for the power station.

This project is slated to be built and commissioned in the next three years.

Source: Wall Street Journal

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