Azure Power commences construction of a 100 MW solar PV project in Andhra Pradesh

Azure Power reference solar PV plant
Azure Power reference solar PV plant

Azure Power (New Delhi, India), a leading independent solar power producer in India, on November 30th, 2016 announced that it has started the construction of its 100 MW solar photovoltaic (PV) power plant in Andhra Pradesh.

The Company has secured land and financing for this project. The project was auctioned by NTPC, Government of India’s largest power utility, designated under National Solar Mission for a total capacity of 1,000 MW of solar power projects at Kurnool Ultra Mega Solar Park.

The solar park is being developed by Solar Park Implementation Agency (SPIA), Andhra Pradesh Solar Power Corporation Limited (APSPCL).

 

USD 0.077 per kWh of solar power

The solar power tariff on the project will be INR 5.12/kWh (USD 0.077/kWh) and the company will supply power to NTPC for a duration of 25 years. The project is expected to get commissioned by second quarter of 2017.

“With the commencement of the construction of this 100 MW project, we are delighted to make contribution towards realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation,” comments Inderpreet Wadhwa, Founder and Chief Executive Officer, Azure Power.

 

2016-12-01 | Courtesy: Azure Power | solarserver.com © Heindl Server GmbH

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