India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
Radite Energy Bags 1.3 MW Rooftop Solar Project from Azure Power Updated On Sat, May 5th, 2018 by Saurenergy As per the deal, the company will be responsible for the complete installation and commissioning (I&C) of the project. In a significant development, Gurgaon based Radite Energy has bagged 1.3 MW rooftop solar project from Azure Power for Noida’s Gautam Buddha University. As per the deal, the company will be responsible for the complete […] Read more
500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
Azure Power Commissions 40 MW Project in Uttar Pradesh Updated On Tue, Apr 17th, 2018 by Saurenergy Under the agreement Azure Power will supply power to SECI for the period of next 25 years at the levelized tariff of Rs 4.92 per KW which is inclusive of Viability Gap Funding (VGF). India’s one of the leading power producers, Azure Power has announced the commissioning of a 40MW solar plant in Uttar Pradesh […] Read more
Azure Power Wins 200 MW Solar Project in Gujarat Updated On Tue, Apr 3rd, 2018 by Saurenergy The project will be developed by Azure Power outside a solar park and is expected to be commissioned in 2019. Azure Power has announced that it has won a 200 MW solar project in Gujarat. With this win, the Company now has a total portfolio of ~470 MWs in Gujarat with Gujarat Urja Vikas Nigam […] Read more
Azure Power Wins 130 MW Solar Power Projects Updated On Thu, Mar 22nd, 2018 by Saurenergy Azure Power will supply power to the electricity supply companies of Karnataka (ESCOMs) for 25 years at a tariff of INR 2.93 per kWh. This brings our portfolio in Karnataka to about 250MW, which is one of the largest portfolios in the state. Azure Power has won a cumulative capacity of 130 MW at a […] Read more
Dipti Swain Joins Azure Power as General Counsel Updated On Thu, Feb 1st, 2018 by Saurenergy Dipti has a number of publications to his credit in various national and international journals and is visiting faculty at law schools. Azure Power, a leading independent solar power producer in India, announced the appointment of Dipti Swain as the General Counsel of Azure Power. Swain comes on board with 12 years of diversified work […] Read more
