Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh
The project was auctioned by NTPC, which has a AAA debt rating and is the Government of India’s largest power utility. The solar plant has been set up at Kurnool Ultra Mega Solar Park with a total capacity of 1,000 MWs. The solar park is being developed by Solar Park Implementation Agency (SPIA) and Andhra Pradesh Solar Power Corporation Limited (APSPCL). Azure Power will supply power to NTPC for 25 years at a tariff of INR 5.12 (~USD 7.9 cents) per kWh. Spread across 500 acres of land in Andhra Pradesh, the project will help in electrifying the nearby areas.
Speaking on this occasion, Inderpreet Wadhwa, Founder and Chief Executive Officer, Azure Power said, “With the commissioning of this plant, we have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make a contribution towards realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the State of Andhra Pradesh for all the cooperation and support extended.”
About Azure Power
Azure Power (NYSE: AZRE) is a leading solar power producer in India with a portfolio of over 1,000 MWs across 18 states. With over 100 MWs of high quality, operating and committed solar assets, the company has one of the largest rooftop portfolios in the country. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale to rooftop, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.
For more information, visit: www.azurepower.com.
ContactsAzure Power
&source=" target="_blank" />
Investor Contact
Nathan Judge, CFA
[email protected]
Investor Relations
or
Media Contact
Samitla Subba
[email protected]
+91-11- 4940 9854
Marketing
NEW DELHI–(BUSINESS WIRE)–Azure Power (NYSE: AZRE), 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 AAA debt rating and is
the Government of India’s largest power utility. The solar plant has
been set up at Kurnool Ultra Mega Solar Park with a total capacity of
1,000 MWs. The solar park is being developed by Solar Park
Implementation Agency (SPIA) and Andhra Pradesh Solar Power Corporation
Limited (APSPCL). Azure Power will supply power to NTPC for 25 years at
a tariff of INR 5.12 (~USD 7.9 cents) per kWh. Spread across 500 acres
of land in Andhra Pradesh, the project will help in electrifying the
nearby areas.
Speaking on this occasion, Inderpreet Wadhwa, Founder and Chief
Executive Officer, Azure Power said, “With the commissioning of this
plant, we have once again demonstrated our strong project development,
engineering, and execution capabilities. We are delighted to make a
contribution towards realization of our Hon’ble Prime Minister’s
commitment towards clean and green energy, through solar power
generation. Our sincere gratitude to NTPC and the State of Andhra
Pradesh for all the cooperation and support extended.”
About Azure Power
Azure Power (NYSE: AZRE) is a leading solar power producer in India with
a portfolio of over 1,000 MWs across 18 states. With over 100 MWs of
high quality, operating and committed solar assets, the company has one
of the largest rooftop portfolios in the country. With its in-house
engineering, procurement and construction expertise and advanced
in-house operations and maintenance capability, Azure Power provides
low-cost and reliable solar power solutions to customers throughout
India. It has developed, constructed and operated solar projects of
varying sizes, from utility scale to rooftop, since its inception in
2008. Highlights include the construction of India’s first private
utility scale solar PV power plant in 2009 and the implementation of the
first MW scale rooftop project under the smart city initiative in 2013.
For more information, visit: www.azurepower.com.
Contacts
Azure Power
Investor Contact
Nathan Judge, CFA
[email protected]
Investor
Relations
or
Media Contact
Samitla Subba
[email protected]
+91-11-
4940 9854
Marketing
.jpg)
