New Delhi-headquartered solar firm, Azure Power has announced the commissioning of a 100 MW solar power plant in the state of Telangana.
The solar power will be sold to National Thermal Power Corporation Ltd (NTPC) – who had auctioned this project, for the next 25 years at a tariff of INR 4.67 ($0.07)/kWh.
The plant is spread across an area of approximately 500 acres. It has been set up under the government’s National Solar Mission Phase-II, Batch-II Tranche-I.
Two days back, Azure power had won a 200 MW solar PV project to be developed at the Bhadla Solar Park in Rajasthan, in an auction conducted by the Solar Energy Corporation of India (SECI). Now, the company’s solar portfolio across India stands at over 1.7 GW.