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Setting up solar manufacturing capacity is a low-hanging fruit: Azure Power CEOBy : Sustainability ..., Oct 23, 2020
With the Indian government trying to provide a level-playing field to domestic solar power equipment manufacturers, the business is set to become profitable, helping more capacity to be set up locally over the next two-four years, Ranjit Gupta,... Read more.. |
Tariff adoption has become a huge challenge: Azure Power CEOBy : Sustainability ..., Mar 18, 2020
No longer can renewable energy developers take for granted that the tariffs at which they won projects in auctions will actually be adopted, which is proving a big hurdle for the sector, according to Ranjit Gupta, CEO of leading solar developer Azure Power. The company, which... Read more.. |
Azure Power to invest $3.7 billion to set up 4 GW capacity by 2024-25By : Sustainability ..., Jan 21, 2020
Solar power producer, Azure Power, is planning to invest about $3.7 billion by the end of financial year 2024-25, the company said in an investor briefing. According to its capex forecast, it will make investment in a range between $2.6 billion and $3.7 billion from 2020-21... Read more.. |
Azure Power secures 2,000 MW solar power projectBy : Sustainability ..., Dec 16, 2019
Solar power producer Azure Power has announced that it has received a letter of award (LOA) for a 2 Gigawatt (GW) interstate transmission (ISTS) solar power project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of Rs 2.92 per kWh. The... Read more.. |
After months of gloom, govt’s mega solar offering soarsBy : Sustainability ..., Nov 14, 2019
The government’s latest offering of solar power projects based on indigenous kits attracted bids for twice the 1,000 MW capacity offered by state-run SECI (formerly Solar Energy Corporation of India) Ltd on Thursday, marking a revival in investor sentiment as a result of... Read more.. |
Latest 1.2 GW solar capacity awarded at Rs 2.54/kWhBy : Sustainability ..., Jun 14, 2019
The latest 1.2 GW solar auction conducted by Solar Energy Corporation of India (SECI) saw lowest winning tariffs (Rs 2.54/kWh) approaching the same level as in February auction (Rs 2.55/kWh).... Read more.. |
Azure bid for manufacturing-linked solar tender rejectedBy : Sustainability ..., Jan 23, 2019
The government has decided to reject the sole bid it had received from Azure Power for its first... Read more.. Subject Tags: Azure Power , competitive bidding , manufacturing linked solar tender , solar capacity |
Azure Power commissions 95MW solar project in GujaratBy : Sustainability ..., Nov 6, 2018
Indian solar developer Azure Power has commissioned a 95MW solar power plant in Gujarat as the first phase of a 260MW capacity award from the distribution company Gujarat Urja Vikas Nigam Ltd (... Read more.. Subject Tags: Azure Power , Clean Energy , early commissioning , India , solar capacity addition , solar power |
Azure Power signs Letter of Award with NTPC for 300 MW solar power projectBy : Sustainability ..., Nov 1, 2018
Solar power producer Azure Power today announced it has signed a Letter of Award (LoA) with NTPC Ltd for a 300 Megawatt solar power project. Azure had won the project in an auction conducted by... Read more.. |
NYSE-listed Azure Power raises $185 millionBy : Sustainability ..., Oct 24, 2018
NYSE-listed Azure Power, one of the country’s largest independent solar power producers with a solar portfolio of over 3GW spread across 23 states, has raised around $185 million primary capital... Read more.. |