Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s first manufacturing-linked solar tender, a top government official said on Friday. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary Anand Kumar said on the sidelines of India Energy Forum-Renewable […]
Azure Power has received a letter of award (LOA) for a 300 MW solar power ISTS project through a 1.2 GW auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with an AA+ domestic debt rating by ICRA, a Moody’s Company. With this win, Azure Power has 1.5 GWs of ISTS […]
Azure Power announced that it has surpassed 100 MWs of operating solar rooftop capacity, making the operating portfolio of Azure Roof Power one of the largest in the country. This milestone was achieved with the company’s recent rooftop project commissioning of various capacities under Delhi Jal Board, Indian Railways and Solar Energy Corporation of India […]
Azure Power has announced that it has closed a financing deal of INR 6 billion (~88 USD million) for its 200 MW solar power plant in Bhadla, Rajasthan ahead of schedule. The project was won through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with […]
Azure Power announced that its portfolio has surpassed 3 GWs, reinforcing the company’s position as a leading independent solar power producer in India. This milestone was achieved with the company’s recent win of a 300 megawatt (MW) solar power project in the largest solar auction conducted by Solar Energy Corporation of India (SECI), a Government […]
Azure Power has announced that it has won a 160 MW solar project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). Azure Power will sign a 25-year power purchase agreement with Uttar Pradesh Power Corporation Limited (UPPCL) which has a […]
Azure Power has announced that it has bagged a 600 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with an AA+ domestic debt rating by ICRA, a Moody’s Company. The solar power project is the largest solar auction in […]
Azure Power has announced that it has bagged the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Limited (APDCL) at a weighted average tariff of INR 3.37 (~US cents 5.2) per kWh. The project […]
Azure Power announced that its portfolio has crossed the 2 GW milestone by winning four 50 MW solar projects for a cumulative capacity of 200 MWs in the state of Maharashtra. The solar project was auctioned by Maharashtra State Power Generation Co. Ltd. (Mahagenco), the second highest generation company in India, which is owned by […]
Azure Power bagged a 130 MW solar power project which was recently auctioned by Maharashtra State Electricity Distribution Company Limited (MSEDCL), rated A by ICRA, a Moody’s company. MSEDCL supplies electricity to 22 million consumers in Maharashtra and was declared as a load shedding free state in December 2012. Azure Power will sign a 25 […]
