Companies

Azure Power commissions 100 MW NTPC solar project in Telangana

V Rishi Kumar Hyderabad | Updated on January 13, 2018 Published on January 13, 2018

Independent solar power producer Azure Power has announced the commissioning of a 100-megawatt (MW) solar power plant in Telangana. Spread across 500 acres, the project has been set up 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 Rs 4.67 per kWh.

Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power in a statement said, “Telangana’s continued reliance and faith in solar energy has successfully transformed it into one of the largest solar power producing states in the country.” Azure Power has a portfolio of over 1,600 MWs across several states and union territories.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 13, 2018
This article is closed for comments.
Please Email the Editor