Azure Power Commissions 40 MW Project in Uttar Pradesh
Azure Power Global Limited Equity Shares (AZRE)
Last azure power global limited equity shares earnings: 2/11 04:31 pm
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Source: Business Wire
NEW DELHI--(BUSINESS WIRE)-- Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced the commissioning of a 40-megawatt (MW) solar power plant in the state of Uttar Pradesh. Spread across an area of approximately 225 acres, the project has been setup under the government’s National Solar Mission Phase-II Batch-III Tranche III. The project was auctioned by Solar Energy Corporation of India (SECI), a Government of India enterprise which has a AA+ debt rating by ICRA, a Moody’s company. Azure Power will supply power to SECI for the next 25 years at a levelized tariff of INR 4.92 (~US 7.7 cents) per kWh, which is inclusive of Viability Gap Funding (VGF). This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20180417005716/en/ Azure Power Solar Plant (Photo: Business Wire) Uttar Pradesh is the most populous state in India and has a
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