One of India’s leading solar power project developers has commissioned a big project under the National Solar Mission.
The 100 MW solar PV project was allocated to Azure Power through the phase 2 batch 1 auction of the country’s National Solar Mission. The project is to be located in the north-western state of Rajasthan like several other projects allocated through the National Solar Mission auctions. The project is India’s second largest solar PV project, behind the 151 MW project owned by Welspun Renewables Energy Limited, located in Madhya Pradesh.
The power generated from the project will be sold at about ¢8.4 per kWh through a long-term power purchase agreement. The project also received financial support for its implementation.
Azure Power has been actively participating in the central and state-level solar power auctions since 2009, and has very ambitious plans to expand its footprint in the Indian solar power sector, pledging to install 11 GW of solar power capacity over the next 7 years in India.
The company is arguably among the pioneers in the Indian solar power sector. It commissioned the first MW-scale solar power project to be commissioned in the country by a private sector company. It also commissioned the first solar power project under the National Solar Mission. And the company also commissioned India’s first MW-scale rooftop solar power project in Gujarat.
Image Credit: Azure Power
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