NEW DELHI, Jan. 3, 2022 /PRNewswire/ -- Azure Power (NYSE:
AZRE), a leading independent sustainable energy solutions provider
in India, today announced the
successful commissioning of its largest project- 600 MWs Interstate
Transmission System (ISTS) connected solar project, allocated by
Solar Energy Corporation of India
(SECI). The project is in Bikaner, Rajasthan and the power
generated from the project will be supplied to SECI at a tariff of
INR 2.53 (~US 3.5 cents) per kWh for
25 years. This is the largest solar power project in India, owned and operated at a single location
by any developer.
Azure Power has commissioned this project in phases, with the
last 100 MWs commissioned this month. Following this, Azure Power
has 2510 MWs of high-performing operational solar assets spread
across the country.
"It is an incredible way to start the new year. Since this
project was initiated around the onset of Covid-19 in India, we faced several challenges amid
lockdowns and safety concerns. Despite the challenges and while
prioritising the health and safety of all our employees and
communities, we have managed to deliver high performing assets and
are extremely proud of achieving yet another milestone in our
journey towards a more resilient and sustainable future," says
Ranjit Gupta, MD and CEO, Azure
Power.
About Azure Power
Azure Power (NYSE: AZRE) is a leading independent sustainable
energy solutions provider in India. Azure Power developed India's first private utility scale solar
project in 2009 and has been at the forefront in the sector as a
developer, constructor, and operator of utility scale renewable
projects since its inception. With its in-house engineering,
procurement and construction expertise and advanced in-house
operations and maintenance capability, Azure Power manages the
entire development and operation process, providing low-cost
renewable power solutions to customers throughout India.
Investor Contact
ir@azurepower.com
Media Contact:
pr@azurepower.com
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