Azure Power Commissions a 50 MW NTPC Solar 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), a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power plant in the state of Uttar Pradesh. The 50 MW project is spread across 300+ acres of land. This Smart News Release features multimedia. View the full release here:http://www.businesswire.com/news/home/20170922005342/en/ Azure Power | New York Stock Exchange (Photo: Business Wire) Azure Power will provide power for 25 years at a tariff of INR 4.78 (~US$ 0.07) per kWh to NTPC, the largest power utility of the Government of India. NTPC received a AAA debt rating from CRISIL, a Standard & Poor’s Company. Azure Power secured the 50 MW PPA through an auction under the National Solar Mission Phase II, Batch-II Tranche I. Uttar Pradesh is the most populous state in India and has a large peak energy supply deficit, acco
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