NEW DELHI, March 14, 2022 /PRNewswire/ -- 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 $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.
About 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: www.azurepower.com
Investor Contact
ir@azurepower.com
Media Contact
pr@azurepower.com
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SOURCE Azure Power