Azure Power to Electrify 320 Rural Homes With the Launch of Mini and Micro Grids Updated On Mon, Nov 13th, 2017 by Saurenergy The development of Mini and micro grid is being considered as the core objective to achieve the stipulated targets under the scheme launched by the Government of India. India’s leading independent solar power producer Azure Power in a bid to electrify 320 households across 11 villages through development of mini and micro grids has recently […] Read more
Azure Power Secures 250MW Solar Power Project with the Tariff of Rs 3.14 Updated On Mon, Oct 16th, 2017 by Saurenergy Azure Power will also be providing O&M services for 250MW solar power project apart from designing, engineering, manufacturing work scope. Azure Power has announced that it has won a 250MW solar project in an auction conducted under Domestic Content Requirement (DCR) by Indian utility NTPC. Azure Power quoted the lowest bid of Rs 3.14. NTPC […] Read more
Azure Power to Expand Electrification of Indian Railways Updated On Fri, Sep 29th, 2017 by Saurenergy Azure Roof Power will be used to provide power for 25 years to various Indian Railway facilities across 17 states and union territories. The power will be sold at a tariff range of INR 3.64 – 4.49 (US$ 0.06- 0.07) based on location. Azure Power has announced that it has won an additional 20 MWs […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Azure Power Commissions a 50 MW NTPC Solar Power Project in Uttar Pradesh Updated On Mon, Sep 25th, 2017 by Saurenergy Azure Power will provide power for 25 years at a tariff of INR 4.78 per kWh to NTPC. The 50 MW project is spread across 300+ acres of land. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power […] Read more
Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform Updated On Fri, Jun 16th, 2017 by Saurenergy The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […] Read more
Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh Updated On Wed, Jun 14th, 2017 by Saurenergy The 100 MW solar power project was auctioned by NTPC and has been set up at Kurnool Ultra Mega Solar Park. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. The project was auctioned by NTPC, which has a […] Read more
Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana Updated On Fri, Apr 28th, 2017 by Saurenergy 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 […] Read more
