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Azure Power Bags 200MW Solar Power Proj Via SECI Auction

Power News - Published on Wed, 17 Jan 2018

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Azure Power announced bagging of a 200 MW solar power project through an auction conducted by Solar Energy Corporation of India. The company said that “The 200 mw allocation is the largest by SECI in this auction, 80% of the total.”

The company said that it will enter into a power purchase pact with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years.

The solar plan, it said, will be set up at Bhadla Solar Park in Rajasthan and may be commissioned next year.

Azure Power founder, Chairman and Chief Executive Officer Inderpreet Wadhwa said that “We are delighted to make this contribution towards realisation of Prime Minister’s commitment towards clean and green energy, through solar power generation.”

In 2015, Azure Power developed a 100 mw solar power plant outside a solar park in Rajasthan, which was SECI’s first allocation and also the largest solar power project under India’s National Solar Mission at commissioning.

Azure Power, a leading independent solar power producer in India has a portfolio of over 1,600 mw across several states and Union Territories.

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Posted By : Nanda Koijam on Wed, 17 Jan 2018
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