Historic tariffs could be revised to reflect GST costs
Developers have successfully secured relief from the federal government to mitigate the effects of GST on PV projects. One-off compensation will be paid and tariffs may be adjusted to reflect any ongoing rise in maintenance expenses.
Azure closes financing for 300 MW of PV, signs 415 PPAs
Azure Power has announced the early closing of a financing deal worth INR 4 billion (around US$58 million) for a 100 MW solar plant in the Indian state of Karnataka; and INR 6 billion (around $88 million) for a 200 MW solar power plant in Rajasthan. It also signed 415 rooftop solar PPAs in Madhya Pradesh.
Rs2.44 solar bid equalled in Gujarat – but is it viable?
The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.
Azure Power wins 300 MW project to surpass 3 GW portfolio
The independent power producer has continuously expanded its project pipeline, routinely winning multimegawatt tenders. The latest winning bid relates to a pending PPA at Rs2.64 per kWh.
Azure Power secures 25-year PPA for 75MW project in Assam
Earlier this year the state announced it would install an additional 590 MW of solar PV to meet growing energy demand. Last year Assam had a 4.2% energy deficit.
Azure Power awarded 130 MW solar project
Azure Power has been awarded a 130 MW solar PV project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). It is expected to be commissioned in 2019.
Azure Power connects 50 MW project in India
Indian energy company Azure Power recently announced that it has connected a 50 MW PV project in the Indian State of Andhra Pradesh. The company states that the completion of this project brings its portfolio of operational solar assets past the 1 GW mark.
Uttar Pradesh: Azure Power commissions 40 MW
Azure Power, one of India’s largest independent solar power producers, has commissioned a 40 MW solar power plant in Uttar Pradesh.
Azure Power wins 130 MW worth solar projects
The New Delhi-based solar energy firm has won 100 MW at Pavagada solar park in Karnataka and 30 MW solar rooftop projects with Indian railways across 12 states in India.
Azure Roof Power to electrify government buildings of Udaipur city
The upcoming 2 MW project is the first ever rooftop solar project for Udaipur Smart City Limited, which is located in the state of Rajasthan.
