Websol Renewables Appoints New CEO Amid Capacity Expansion Plans
What happened
Websol Renewables Private Limited announced the appointment of Vinay Vyas as its new Chief Executive Officer, effective October 21, 2026. Websol Energy System Limited, the parent company, stated that Vyas's experience in renewable energy and energy storage will support the company's expansion plans. Websol aims to reach ₹1,000 crore in revenue in the financial year 2026.
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Why it matters
The appointment comes as Websol plans to increase its solar cell manufacturing capacity to 5,350 MW and module capacity to 4,550 MW by 2028. This expansion is supported by Vyas's background, which includes prior leadership roles at Welspun Group and experience managing large-scale clean energy portfolios.
From freepressjournal.in
Who's involved
- Welspun GroupWelspun Group, where the new CEO previously served as Group Lead for renewable power.
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The entities involved
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Welspun Group
multinational company whose core industries are steel, energy, and textiles