Inderpreet Wadhwa

Azure Power Raises $135 Mn via Debt Financing from IFC Consortium

The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […]

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Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio

As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […]

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Azure Power Wins 130 MW Solar Power Project in Maharashtra

At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […]

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Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity

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, […]

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Azure Power Wins 200 MW Solar Project in Gujarat

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 […]

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Azure Power Wins 130 MW Solar Power Projects

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 […]

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Dipti Swain Joins Azure Power as General Counsel

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 […]

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Azure Roof Power to Electrify 152 Schools under MHRD Across Six States

Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […]

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Azure Roof Power to Electrify Government Buildings of Udaipur Smart City

With over 150 MWs of high quality, operating and committed solar assets across 20 states, Azure Roof Power has one of the largest rooftop portfolios in the country. Azure Roof Power has a well-diversified customer base with majority portfolio contracted with Government of India backed entities. Azure Power one of India’s leading independent solar power […]

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