Azure Power today announced it has bagged four 50 MW solar projects for a cumulative capacity of 200 MW in Maharashtra.
The company has "crossed the 2 GW milestone solar portfolio" by winning these projects, Azure said in a statement.
The solar power projects were auctioned by Maharashtra State Power Generation Co (Mahagenco).
Azure Power will sign a 25-year power purchase pact with Mahagenco at a tariff of Rs 3.07 per kWh.
The projects are expected to be commissioned in 2019.
With a pan India portfolio of over 2 GW across 23 states, Azure Power has developed, constructed and operated solar projects of varying sizes.
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