Azure Power Commissions 100 MW NTPC Solar Project in Telangana
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 100-megawatt (MW) solar power plant in the state of Telangana. Spread across an area of approximately 500 acres, the project has been setup under the government’s National Solar Mission Phase-II, Batch-II Tranche-I. The project was auctioned by NTPC, which has a AAA debt rating and is the Government of India’s largest power utility. Azure Power will supply power to NTPC for the next 25 years at a tariff of INR 4.67 (~USD 0.07) per kWh. This press release features multimedia. View the full release here:http://www.businesswire.com/news/home/20180112005293/en/ Azure Power Solar PV Plant (Photo: Business Wire) Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “Telangana’s continued reliance and faith in solar e
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