
You would like to read
- Azure Power fully commissions its 600 MWs SECI project, the largest owned and operated single site solar project in India
- Smartr Logistics offers same-day Interstate Express Delivery: A first in India's Express Logistics Industry
- Azure Power signs 2,333 MW PPA with SECI under 4 GW projects, receives Letter of Award for Second Hybrid Project for 200 MW
- Azure Power signs 600 MW PPA with SECI under 4 GW Projects
- Azure Power refinances its 600 MWs ISTS connected solar project at the lowest rate of interest in its portfolio to date
New Delhi [India], March 14 (ANI/PR Newswire): Azure Power (NYSE: AZRE), a leading sustainable energy solutions provider and power producer in India, announced full commissioning of its 300 MWs Interstate Transmission System (ISTS) connected solar power project, Rajasthan 8, allocated by Solar Energy Corporation of India (SECI). The project is in Bhadla, Rajasthan and the power generated from the project is being supplied to SECI at tariff of INR 2.58 (~US USD 3.7 cents) per kWh for 25 years.
Following this, Azure Power has now operationalized 2,683 MWs of high-performing renewable energy assets in India.
"We are extremely delighted with the progress we have made in operationalizing our under-construction projects, despite the health and supply chain challenges in the last two years. We have operationalized close to 700 MWs in this fiscal year so far, which reflects our strong project development and execution capabilities," says Ranjit Gupta, MD and CEO, Azure Power.
Azure Power is a leading independent sustainable energy solutions provider, and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets.
We developed India's first utility scale solar project in 2009 and since then, Azure Power has grown rapidly to become a leader in developing and operating large utility-scale renewable energy projects in the country.
We also partner with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.
For more information about us, visit: (https://www.azurepower.com)
Logo: (https://mma.prnewswire.com/media/819565/Azure_Power_Logo.jpg)
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PR Newswire)
DISCLAIMER
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor