Continuing with its solar development streak, Azure Power has added another notable PV plant to its Indian portfolio, having this week commissioned a 50 MW solar project spread across 300+ acres in the state of Uttar Pradesh, which is one of India’s most energy-deficient states.
The solar power will be provided for 25 years at a tariff of INR 4.78 ($0.07)/kwh to NTPC, the largest power utility of the Government of India.
The integrator secured the rights to this project through a power purchase agreement (PPA) under India’s National Solar Mission Phase II, Batch II, Tranche I.
Azure Power had also recently won a 50 MW allocation for rooftop solar in India. This brings company’s total commissioning to around 500 MW of solar projects this year.