Azure Power

Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana

Hareon Power Singapore Limited, the Singapore subsidiary of Hareon Solar will be collobarating with Azure Power to develop 118 MW solar power project in Telangana. Hareon Solar Technology Co., Ltd. will be partnering with Azure Power Global Limited to develop a 118 MW solar power project in India. Hareon will be investing through its Singapore […]

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Solar Power Tariff Expected to Get Cheaper than Coal

The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […]

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There’s more to Indian Solar Tariffs than Meets the Eye

The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […]

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Secondary Solar Market in India

with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital.  To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […]

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Azure Power Wins Indian Railway’s Largest Rooftop Solar Power Project

Azure Power wins 46 MWs of solar projects from Indian Railways across 11 states in India, and company’s rooftop portfolio now more than 100 MWs across 14 states in India. Azure Power, a leading solar power producer in India, announced that it has won 46 MWs of rooftop solar power projects across eleven states pan […]

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Azure Power appoints Cyril Cabanes to its Board of Directors

Cyril Cabanes comes on Azure Power Global’s Board with over 19 years of experience across all facets of infrastructure transactions including acquisitions Azure Power announced that Cyril Cabanes, has been appointed to its Board of Directors. , Cyril Cabanes before joining Azure was Vice President, Head of Infrastructure Transactions, Asia-Pacific at Caisse de dépôt et […]

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Azure Power Commissions 150 MW solar power project in Punjab

The 150MW solar power plant represents a portfolio of three projects of 50MW each Azure Power has commissioned one of the largest (150 MW) solar power project in north India, in the state of Punjab. For this project, Azure Power had signed a solar power implementation agreement with Punjab Energy Development Agency (PEDA) under its […]

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