Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] Read more
Solar Tariffs Hit All-time Low at Rs 2.44 a Unit Updated On Tue, Jul 3rd, 2018 by Saurenergy Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […] Read more
Radite Energy Secures 70 MW Solar Project from Azure Power Updated On Sat, Jun 30th, 2018 by Saurenergy This is the third biggest order in continuation that the company has secured from Azure Power after completion of projects in Andhra Pradesh and Gujarat, as confirmed by the company’s spokesperson. In a significant development, Gurgaon based Radite Energy has bagged 70 MW solar project from Azure Power for Pavagada solar park located in Karnataka. This […] Read more
Ludhiana Railway Station Plans Solarification to Save on Bills Updated On Tue, Jun 19th, 2018 by Saurenergy The project will be implemented by the Azure Power Company, an independent power producer, which has already signed a contract with the railway ministry. In order to shift from conventional source of energy to more clean energy and save crores of rupees annually, the authorities at Ludhiana railway station have decided to install solar power […] Read more
Azure Power Wins 75 MW Solar Power Project in NE Updated On Thu, Jun 7th, 2018 by Saurenergy 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 […] Read more
Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India Updated On Thu, Jun 7th, 2018 by Saurenergy Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […] Read more
Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
Radite Energy Wins 1.8 MW Rooftop Solar Project from Godrej & Boyce Updated On Thu, May 31st, 2018 by Saurenergy This is the single biggest order the company has ever bagged in the rooftop division. In a significant development, Gurgaon based Radite Energy has secured 1.875 MW rooftop solar project from Godrej & Boyce for Delhi NCR and Gujarat regions in the country. This is the single biggest order the company has ever bagged in […] Read more
India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
