Azure Power starts solar projects of 88 MW across 3 states
Azure Power today announced commissioning of solar power plants with a total capacity of 88 MW in three states across the country. The projects include a 50-MW plant in Andhra Pradesh, two plants of total capacity of 28 MW in Punjab and a 10-MW plant in Karnataka,” the company said in a statement. These plants, connected to the respective state grids, are part of Azure Power’s 900 plus MW portfolio in 15 states, which includes the country’s largest operational solar plant of 100 MW under India’s National Solar Mission in Rajasthan, it added. The Punjab plants were commissioned in a record period of less than 10 months from the signing of the Power Purchase Agreement. With the tariff ranging from Rs 5.89 per unit (with escalation) to Rs 7.33 for these four plants, the company added 88 MW to its portfolio of high quality assets.