Info
Info

Azure Power Wins 130 MWs Of Solar Power Projects

News

Azure Power, a solar independent power producer in India, has announced that it has won a cumulative capacity of 130 MWs at a blended tariff of INR 3.35 (~US 5.2 cents) per kWh, bringing the Company’s total portfolio to over 1,720 MWs. The win includes a 100 MWs utility scale project at the Pavagada solar park in Karnataka and a 30 MWs solar rooftop project with Indian Railways, the largest rail network in Asia, owned and operated by the Government of India through the Ministry of Railways.

The 100 MWs project was won in an auction conducted by Karnataka Renewable Energy Development Ltd. The solar plant will be set up at Pavagada Solar Park, one of the largest solar parks in the world. The solar park is being developed by Karnataka Solar Power Development Corporation Limited (KSPCL). Azure Power will supply power to the electricity supply companies of Karnataka (ESCOMs) for 25 years at a tariff of INR 2.93 (~US 4.6 cents) per kWh. This brings our portfolio in Karnataka to about 250MWs, which is one of the largest portfolios in the state.

Another 30 MWs was allocated by Indian Railways to Azure Power. Azure Roof Power will provide power for 25 years to various Indian Railway facilities across 12 states. Azure Power qualifies for a capital incentive from Indian Railways and the power will be sold at a weighted average levelized tariff of INR 4.74 (~US 7.5 cents) per kWh. With the new allocation of 30 MWs, Azure Power has become the largest supplier of solar power to Indian Railways with a cumulative awarded capacity of 76 MWs, which includes the 46 MWs of capacity currently in the portfolio.

K-Space Grows In-line Metrology Revenue
InnoEnergy Start-ups Have Created 1,741 Jobs
Strong Solar Performance Triggers Record Low Fossil Fuel Generation In Third Quarter
Trina Solar Supplies Modules To Ukraine's Largest Solar Power Plant
SMA Surpasses 1 GW Installed Solar In Latin America
BYD And KOSTAL Announce Strategic Partnership For Energy Storage Solutions
Trina Solar Supplies Modules To Ukraine's Largest Solar Power Plant
NREL Cuts Cost Of III-V Tandem Cells
Solar Might Become EU’s Fastest-Growing Energy Source Due To Elimination Of Tariffs
Organic Solar Hits New Landmark
ABB Connects Sweden´s Largest Solar Park To The Grid
New III-V Device Concept Combines Two Structures
REDEN Solar Completes The Refinancing Of Its Iberian Solar PV Assets
Fenix Reach 150,000 Zambians In Nine Months
World Bank To Invest $1 Billion Towards Battery Storage
Amarenco France's Number One In Rooftop Solar After Latest Tender Results
BayWa R.e. Receives The National Energy Globe Award For Its Solar Project In Zambia
First “plug And Play” Power-enhancing Ribbons For PV Interconnection
Ensibo Adopts QOS O&M Software To Manage Of 120 MW PV Portfolio
Welsh Researchers Supersize Perovskite Solar Technology
The Time To Invest In Emission Control And Renewable Energy Is Now
Spottitt Launches Cloud-Based Geospatial Data Analysis On DNV GL’s Veracity Platform
BayWa R.e. Partners With Mexico’s Largest Distributor Of PV Products
RES And VBB Celebrate Construction Progress Of 10 MW Storage Project

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info