Azure Power has commissioned a 50 MW grid-connected solar project in Uttar Pradesh. The project was tendered by NTPC under the National Solar Mission Phase-II, Batch-II, Tranche-I.
In April 2016, Azure Power entered into a 25-year power purchase agreement (PPA) with NTPC to provide power at a tariff of ₹4.78 (~$0.07)/kWh. The 50 MW project is spread across over 300 acres of land.
“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 the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy through solar power generation. Our sincere gratitude goes out to NTPC and the state of Uttar Pradesh for all of the cooperation and support they have extended,” said Inderpreet Wadhwa, founder, chairman, and chief executive officer of Azure Power.
According to Mercom India Research, the 50 MW solar project is being completed in phases. Azure Power completed 20 MW in June 2017, with the remaining 30 MW commissioned this month.
Azure Power is aggressively increasing its commissioned utility-scale solar project portfolio in India. Including this 50 MW solar project, Azure has commissioned 287 MW of grid-connected solar projects in 2017. These include a combined project that calls for a 130 MW solar power system to be installed in the Chitradurga district in Karnataka under the Karnataka Solar Policy 2014-2021 and 7 MW of solar to be installed at defense establishments under the Indian government’s Ministry of Defense. The company has also commissioned 100 MW of grid-connected solar to be installed at Andhra Pradesh Solar Power Corporation Private Limited’s (APSPCL)’s Kurnool Solar Park.
Also growing exponentially is Azure Power’s rooftop solar portfolio. Recently, Solar Energy Corporation of India (SECI) awarded Azure Power a contract to develop 50 MW of rooftop solar in India and, in March, the company won bids to develop 46 MW of rooftop solar for the Indian Railways.
Image credit: Azure Power
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.