solar power producer

Azure Power Secures 160 MW Solar Project in UP Auction with Highest Tariff

The project is expected to be commissioned in 2019 and developed outside a solar park. Independent solar power producer, Azure Power has won the 160 MW solar power project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). Further, the company will sign […]

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Azure Power Wins 75 MW Solar Power Project in NE

The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […]

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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 Headquarter Gets LEED Platinum Certification from USGBC

This certification is the highest rated certification for recognizing best-in-class building strategies and practices in green building. India’s one of leading solar power producers, Azure Power has secured India’s first Platinum certification under the Leadership in Energy and Environmental Design (LEED) v4 Commercial Interiors rating system by the US Green Building Council (USGBC). The company […]

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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 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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