Azure Power(s) Delhi Metro Rail Corporation Rooftops with Solar Energy
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, announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the project is INR 5.55 per kWh (US$ 0.083), with a total subsidy of INR 167.4 million (US$ 2.514 million). The company will supply power for 25 years which will be utilized for DMRC’s operations. The 14 MW project will be completed in phases and will cover several metro stations, workshops and parking lots. Commenting on the occasion, Anup Kumar Gupta, Director (Electrical), DMRC said, “Delhi Metro Rail Corporation has taken a number of Green initiatives and steps to reduce its carbon footprint. The power generat
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