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Decoding Azure Power: India's first NYSE-listed renewables company

Stock tanks after new CEO's sudden resignation, whistle-blower complaint

Azure Power
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Azure Power | Photo: Wikipedia

Shreya Jai New Delhi
Azure Power was the first renewable energy company from India to list on the New York Stock Exchange (NYSE) in 2016 and probably one of the first to explore foreign equity capital market.

Azure Inc was founded in the US by Indian American entrepreneur Inderpreet Wadhwa in 2007 and came to India the following year.

The first project the company took was a 2-megawatt grid-connected solar power plant in Punjab. The company was one of the first entrants in the solar power sector in India and a lead participant in the grid-connected solar power project tenders offered

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First Published: Aug 31 2022 | 1:48 AM IST

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