Achievements

Future Plans

  The wind power projects in pipeline is being implemented in phases over the next five years.

  Plans to increase the Hydro Power and Solar Portfolio in the next five years

Company Chronology

  1994 - Ventured into Non-conventional Energy Sources through a 50:50 joint Venture with Nedwind Rhenen bv, The Netherlands for the manufacture of Wind Electric Generators in a joint Venture Company Windia Power Ltd. The Group was the first to install and commission Wind Electric Generators of capacity 500 KW plus in India.

  1995 - Commissioned 3 MW Wind Farm at Ramgiri, Anantpur District, Andhra Pradesh as a Pilot plant for Joint Venture Company Windia Power Ltd to launch its products.

  1996 - Commissioned 2nd 3 MW Wind Farm at Ramgiri, Anantpur District, Andhra Pradesh

  1998 - Commissioned an additional 2 MW wind farm at Tallimadugulla, Anantapur district, Andhra Pradesh.

  2000 - Entered into a Joint Venture with Nuon International Renewable Projects bv – a Subsidiary of multi-utility conglomerate – Noun nv (Netherlands) for setting up wind farms in different states in India through the JV Company Karma Energy Ltd

  2000 - Company ventured into setting up small hydel projects to be set up in special purpose companies with aggregate allotment of 16.8 MW.

  2001 - Set up 9 MW Wind Farm at Vankusawade, Satara District, Maharashtra

  2001 - The JV Company Karma Energy Limited set up its 9 MW wind farm at Vankusawade, Satara District, Maharashtra.

  2005 - Bought out 74% equity stake in JV Company Karma Energy Limited from JV Partner Nuon.

  2005 - Signed MOU with GAIL (India) Limited and Haryana Power Generation Corporation Limited for setting up a 600 MW Gas Based Power Plant at Panipat.

  2006 - Bought out 50% equity stake in JV Company Windia Power Limited from JV Partner NedWind.

  2009 - The Group Companies signed MOU with Gujarat Government for setting up 300 MW wind farm during Vibrant Gujarat Global Investors Summit 2009.

  2009 - Weizmann Group Companies are also developing 16 wind farm projects at different sites in Maharashtra, Tamil Nadu and Karnataka for an aggregate capacity of about 450 MW.

  2012 - Weizmann Forex commissions a 7.2 MW wind farm in Tamil Nadu as part of their objective of protecting environment from onslaught of pollution and contributing their might in generation of green energy.