The Indian solar IPP will sign a 25 year PPA with MSEDCL, at a tariff of INR 2.72 (around US$ 0.04) per kWh for the 130 MW solar PV project, to be installed in the Indian state of Maharashtra. It is slated for commissioning in 2019. No further details were released.
Just two days ago, Azure Power connected a 50 MW PV project in Andhra Pradesh. The completion of the project brings its portfolio of operational solar assets past the 1 GW mark, it said on the occasion.
In addition to the 130 MW project announced today, the company has recently announced a slew of both commissioned and new projects.
This year alone, it: was awarded a 200 MW PV project, to be developed at the Bhadla Solar Park in Rajasthan, in an auction conducted by the Solar Energy Corporation of India (SECI); commissioned a 40 MW solar power plant in Uttar Pradesh; commissioned a 100 MW PV power plant in Telangana; was awarded a 100 MW project at Pavagada solar park in Karnataka; and was awarded 30 MW of solar rooftop projects with Indian railways across 12 states.