New Delhi-based, NYSE-listed renewables developer Azure Power Global Limited, has announced the full commissioning of a 300MW interstate transmission system (ISTS) connected solar power project awarded to it by Solar Energy Corporation of India (SECI).
The project, located in Bhadla of Rajasthan, will supply power to SECI for 25 years at a tariff of INR 2.58 (US 3.7 cents) per kWh.
Following this, Azure Power has operationalized 2,683 MW of high-performing renewable energy assets in India.
“We are extremely delighted with the progress we have made in operationalizing our under-construction projects, despite the health and supply chain challenges in the last 2 years. We have operationalized close to 700 MWs in this fiscal year so far, which reflects our strong project development and execution capabilities,” said Ranjit Gupta, managing director and chief executive officer, Azure Power.