NEW DELHI, July 28, 2020 /PRNewswire/ -- Azure Power, a
leading solar power producer in India, has been awarded the Most Sustainable
Company in the Solar Energy Industry by World Finance Magazine.
Azure Power received the award for their effective environmental,
social and governance pillars, and operating their business while
meeting sustainable needs. Azure Power has cut emissions, reduced
water consumption and ensured their physical waste is disposed
properly and with as little carbon footprint as possible. Over the
years, Azure Power has avoided over 5.2 million tons of CO2
equivalents since inception, realized 50% savings last year in
water consumption per unit of electricity generated and created
over 4,300 local jobs since inception in the remote communities we
operate in.
Through Azure Power's corporate social responsibility (CSR)
efforts, they have made a positive impact on the
communities they operate in and improve livelihood among rural
households through various activities around the thematic areas of
skill development, water and education. Their core values of
honesty, excellence, entrepreneurship and social
responsibility reinforce the approach to providing energy in a
sustainable way.
Commenting on this award, Mr. Ranjit
Gupta, Chief Executive Officer, Azure Power said "For
us, sustainability is the essence of our business and lies at the
heart of our value proposition. At Azure, we continue to work
towards sustainable economic development across our communities to
contribute to a better society."
World Finance provides coverage and analysis of the financial
industry, international business and global economy. The magazine
is now introducing sustainability awards to businesses that have
shown admirable commitment to sustainability and are making the
business world a much greener place. All of World Finance's
sustainability awards winners are announced at
https://www.worldfinance.com/awards/sustainability-awards-2020.
About Azure Power
Azure Power (NYSE: AZRE) is a leading independent solar power
producer with a pan-India
portfolio over 7 gigawatts. 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 solar projects since its
inception in 2008. 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 solar power solutions to
customers throughout India. For
more information, visit: www.azurepower.com.
Investor Contact
Nathan Judge, CFA
ir@azurepower.com
Media Contact
Samitla Subba
pr@azurepower.com
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SOURCE Azure Power