Azure Power Wins 75 MW Solar Power Project in NE

The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh.

India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North Eastern region of India.

As per the pact, the company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh.

Moreover, the project will be developed by the company outside a solar park and is expected to be commissioned next year.

In recent years, Assam has seen a significant increase in power demand and has a shortage of electricity capacity.

Commenting on this occasion, Azure Power, Founder, Chairman and Chief Executive Officer, Inderpreet Wadhwa said, “We are pleased to announce our win in Assam and with this, we continue to demonstrate our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

Meanwhile, the state has a peak power deficit of 4.2 percent and energy demand growth was 9 percent during the year ending March 2018. APDCL currently serves a quickly growing consumer base of more than 3.3 million.