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Azure Power starts construction of 100 MW NTPC project in AP

Press Trust of India  |  Hyderabad 

Independent solar energy producer Azure Power announced that it has started the construction of its 100-megawatt (MW) solar power plant in

The company said in a statement that it has secured land and financing for this project, which was auctioned by NTPC, and designated under National Solar Mission for a total capacity of 1,000 MW of solar power projects at Kurnool Ultra Mega Solar Park.

The solar park is being developed by Solar Park Implementation Agency (SPIA) and Solar Power Corporation Limited (APSPCL), it said.

"The tariff on the project will be Rs 5.12/ kWh (USD 0.077) and the company will supply power to for a duration of 25 years. The project is expected to get commissioned by second quarter 2017," the statement added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 01 2016. 17:28 IST