/ -- Azure Power now has ~1600 MWs of high-quality operational solar assets Highest rated large-scale(1) solar operational portfolio in India, 68% with A to AAA domestic rated counterparties Most diversified solar portfolio in India in highest radiation zones, spread across 24 states, including an industry leading rooftop portfolio of over 200 MWs Azure Power, a leading solar power producer in India, announced that it has commissioned a 150 MW solar power plant in Bhadla solar park in Rajasthan. This section is the first phase of 200 MWs allocated to Azure Power by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with AA+ debt rating by ICRA, a Moody's Company. Azure Power will supply power to SECI at a tariff of INR 2.48 (~US 3.6 cents) per kWh for 25 years.
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Speaking on this occasion, Mr. Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, "With this commissioning, we have one of the highest rated and diverse solar portfolios in India. This is a direct result of our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon'ble Prime Minister's commitment towards clean and green energy through solar power generation."
About Azure Power
For more information, visit: www.azurepower.com
(1) Among solar developers having more than 1.5 GWs capacity operational
Forward Looking Statements
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