Simhapuri Energy Pvt Ltd (SEPL) was incorporated the year 2005 with main objective of construct, operate and maintain all kinds of power plants, such as thermal, hydro, solar, wind, biomass, etc. The Company was promoted by Madhucon Group. SEPL is envisaging development of a coal based thermal power project of ultimate capacity of 1920 MW in Phase-I,II and III at Tamminapatnam and Mommidi Villages, Chillakur Mandal, SPSR Nellore District of Andhra Pradesh.
Avaada Power Pvt Ltd (Avaada) is a Vineet Mittal group entity. Avaada, as on January 30, 2017, holds 27.70 per cent in Welspun Energy Private Limited (WEPL, rated CARE A+, Stable - CARE A1+) the former holding company of WREPL. WEPL is engaged in the business of EPC, generation of power through renewable resources which includes but not limited to generation of power using coal as raw material or generation of solar, wind, hydro power, distribution, trading and transmission etc.
The company is into Power Generation.