Azure Power and Shapoorji & Pallonji Win 250 MW of Solar Projects Tendered by MAHAGENCO

Azure Power and Shapoorji & Pallonji Win 250 MW of Solar Projects Tendered by MAHAGENCO

The Maharashtra State Power Generation Company (MAHAGENCO) has awarded solar photovoltaic (PV) projects totaling 250 MW under agricultural (AG) feeder program. The winning bidders are Azure Power and Shapoorji & Pallonji, ...
UPERC Adjourns Uttar Pradesh Solar Project Case Between SECI and Azure Power

UPERC Adjourns Uttar Pradesh Solar Project Case Between SECI and Azure Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adjourned the case relating to the petition filed by domestic renewable energy project developer Azure Power for the extension of scheduled commissioning ...
/ / Markets & Policy, Solar
Over 80% of Recent Solar Auctions in India Won by Larger Solar Developers

Over 80% of Recent Solar Auctions in India Won by Larger Solar Developers

The solar sector in India is rapidly expanding with increasing participation from a mix of domestic and foreign developers. However, a detailed analysis of the winners of major solar auctions ...
/ / Markets & Policy, Solar
Azure Power Wins Contracts to Develop 132 MW of Solar PV Projects

Azure Power Wins Contracts to Develop 132 MW of Solar PV Projects

Indian renewable energy project developer Azure Power has been awarded two contracts to develop a combined 132 MW of solar photovoltaic (PV) projects in the country. The capacity includes both ...
BREAKING: ReNew, Avaada and Azure Win Bids to Develop 550 MW of Solar Projects in Pavagada

ReNew, Avaada and Azure Win Bids to Develop 550 MW of Solar Projects in Pavagada

The Karnataka Renewable Energy Development Limited (KREDL) has auctioned 550 MW of grid-connected solar photovoltaic (PV) projects to be developed at the Pavagada Solar Park in Tumkur district of the state ...
Azure Power Reports 83% Increase in Revenues for Q3 of FY 2017-18

Azure Power Reports 83% Increase in Revenues for Q3 of FY 2017-18

Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated financial results for the third quarter of 2017-18, ending December 31, 2017. The company declared a revenue ...
Azure Power to Develop Grid-Connected Rooftop Solar Projects for 152 Indian Schools

Azure Power to Develop Grid-Connected Rooftop Solar Projects for 152 Schools

Azure Power, an independent solar power producer, is all set to develop a total of 11.35 MW of grid-connected rooftop solar photovoltaic (PV) projects for various schools across the country ...
/ / Solar, Tenders & Auctions
Azure Power Wins Contract to Develop 2 MW Rooftop Solar in Udaipur Smart City

Azure Power Wins Contract to Develop 2 MW Rooftop Solar in Udaipur Smart City

Azure Power, a domestic solar project developer, has won the contract to develop a 2 MW of grid-connected rooftop solar photovoltaic (PV) project for the Udaipur Smart City Limited (USCL) ...
/ / Solar, Tenders & Auctions
Azure Power Commissions 100 MW Grid-Connected Solar Project in Telangana

Azure Power Commissions 100 MW Grid-Connected Solar Project in Telangana

Azure Power, an independent solar power producer, commissioned a 100 MW grid-connected solar photovoltaic (PV) project in Telangana. The 100 MW grid-connected solar PV project is spread over an area ...
/ / Solar, Utility Scale
NTPC Annuls 250 MW DCR Auction

NTPC Annuls 250 MW DCR Auction

The National Thermal Power Corporation (NTPC) has annulled a 250 MW Domestic Content Requirement (DCR) category auction, which was held in October 2017. A senior NTPC official confirmed the annulment ...
/ / Solar, Utility Scale
India Recorded Strong Solar Tender and Auction Activity in December

India Recorded Strong Solar Tender and Auction Activity in December

After a period of lull, the month of December 2017 witnessed a surge in tendering and auction activity in solar sector in the country. Over 2,500 MW of solar was ...
/ / Solar, Tenders & Auctions
Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

Azure Power and ReNew Power Are the Winners in the 250 MW Bhadla Solar Auction

In the 250 MW Bhadla Solar Park auction, Azure Power won the bid to develop 200 MWs by quoting the lowest tariff of ₹2.48 (~$0.0388)/kWh. ReNew Power won the remaining 50 ...
/ / Solar, Tenders & Auctions
Delhi Metro Tenders Grid-Connected Rooftop and Ground-Mounted Solar PV

Delhi Metro Tenders 8 MW of Grid-Connected Rooftop and Ground-Mounted Solar PV

Delhi Metro Rail Corporation (DMRC) has tendered 8 MW of grid-connected rooftop and ground-mounted solar photovoltaic (PV) projects to be developed at various DMRC sites in the national capital. The ...
/ / Solar, Tenders & Auctions
Azure Power Wins Contract to Electrify 320 Jharkhand Homes with Mini and Micro-grids

Azure Power Wins Contract to Electrify 320 Jharkhand Homes with Mini and Micro-grids

Azure Power, an independent solar power producer in India, has been awarded a contract by Jharkhand Renewable Energy Development Agency (JREDA) to electrify 320 households across 11 villages through the ...
/ / Off-grid, Solar
Azure Power Records Revenue of $56.7 Million in the First Half of FY 2017-18

Azure Power Records Revenue of $56.7 Million in the First Half of FY 2017-18

Azure Power (NYSE: AZRE) announced its consolidated financial results for the fiscal second quarter 2017, period ending September 30, 2017. The company declared revenue of ₹3,701.7 million (~$56.7 million) for ...
/ / Solar, Utility Scale
Solar Tariffs in DCR Auctions Decline

Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year

The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...
/ / Solar, Tenders & Auctions
Azure Roof Power Rooftop Solar

Azure Roof Power to Develop 1.3 MW of Rooftop Solar

Azure Roof Power, a wholly owned subsidiary of Azure Power, has won a bid to develop 1.3 MW of rooftop solar for the Ministry of Health and Family Welfare, India ...
/ / Solar, Tenders & Auctions
Indian Railways Rooftop Solar Contracts

Indian Railways Awards Contracts to Develop 30 MW of Rooftop Solar

Indian Railways has awarded a total of 30 MW of rooftop solar contracts to two firms, with Azure Power set to develop 20 MW and Fourth Partner Energy developing the ...
/ / Rooftop, Solar
Mercom Interview with NEXTracker

India’s Solar O&M is Drawing in Large Global Players like NEXTracker

The more than 15 GW of solar capacity installed in India will require quality operation and maintenance (O&M) services, paving way for large global players to enter the market. The ...
/ / Markets & Policy, Solar
Solar Project in Uttar Pradesh

Azure Power Commissions 50 MW Solar Project in Uttar Pradesh

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, ...
/ / Solar, Utility Scale
Gujarat Government Agencies Push the Low Bid to ₹2.65/kWh in 500 MW GUVNL Auction in India

Gujarat Government Agencies Push the Low Bid to ₹2.65/kWh in 500 MW GUVNL Auction in India

A low tariff of ₹2.65 (~$0.0413)/kWh was quoted in the recently held Gujarat Urja Vikas Nigam Limited (GUVNL) 500 MW solar auction with aggressive bidding by Gujarat government agencies. The ...
/ / Solar, Tenders & Auctions
Azure Power Govt Building Rooftop Solar

Azure Power to Develop 50 MW of Rooftop Solar to Electrify Government Buildings

The Solar Energy Corporation of India (SECI) has awarded Azure Power with a contract to develop 50 MW of rooftop solar in India. Azure Power will be developing rooftop projects ...
/ / Rooftop, Solar
ABB Azure Power Solar Inverters 750 Railway Stations

ABB Partners with Azure to Power 750 Railway Stations in India

ABB, a global solar inverter supplier, in partnership with Azure Power will be providing solar inverters to support rooftop solar systems installations in 750 railway stations in the northern part ...
/ / Inverters & BOS, Solar
Railway Solar Auction 67 MW

Railway Energy Management Company Auctions Over 67 MW of Rooftop Solar

The Railway Energy Management Company Limited (REMCL) successfully auctioned 67.38 MW of rooftop solar projects for the Indian Railways. These projects will be developed at premises and properties owned by ...
/ / Solar, Tenders & Auctions
Financing Activity in the Indian Solar Sector So Far This Year

Azure Power to Raise $500 Million (~Rs.32 Billion) from Sale of Bonds

Azure Power, an Indian solar power producer, will issue and raise around $500 million (~Rs.32 billion) from the sale of bonds to overseas investors. It bond offering was said to have attracted ...
/ / Finance and M&A, Other