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Azure commissions 100 MW Solar power plant in Telangana

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Hyderabad | Saturday, Jan 13 2018 IST
Azure Power, one of India's leading independent solar power producers, announced the commissioning of a 100-megawatt solar power plant in Telangana.Spread across an area of approximately 500 acres, the project has been setup under the government's National Solar Mission Phase-II, Batch-II Tranche-I. The project was auctioned by NTPC, which has a AAA debt rating and is the Government of India's largest power utility. Azure Power will supply power to NTPC for the next 25 years at a tariff of Rs 4.67 (USD 0.07) per kWh, a company statement here said on Saturday. Speaking on the occasion, Azure Power Founder, Chairman and Executive Officer Inderpreet Wadhwa said, "Telangana's continued reliance and faith in solar energy has successfully transformed it into one of the largest solar power producing states in the country. We are delighted to make a contribution towards the realization of Prime Minister's commitment towards clean and green energy, through solar power generation. Our sincere gratitude to NTPC and the state of Telangana for all the cooperation and support extended," he said.UNI VV CS 1117

-- (UNI) -- C-1-1-DL0275-1207700.Xml

 
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