Azure Power Commissions 100 MW NTPC Solar Project in Andhra 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), a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20170613005707/en/ Azure Power | New York Stock Exchange (Photo: Business Wire) The project was auctioned by NTPC, which has a AAA debt rating and is the Government of India’s largest power utility. The solar plant has been set up at Kurnool Ultra Mega Solar Park with a total capacity of 1,000 MWs. The solar park is being developed by Solar Park Implementation Agency (SPIA) and Andhra Pradesh Solar Power Corporation Limited (APSPCL). Azure Power will supply power to NTPC for 25 years at a tariff of INR 5.12 (~USD 7.9 cents) per kWh. Spread across 500 acres of land in Andhra Pradesh, the project will help in
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