New Delhi-headquartered solar energy firm, Azure Power Global Ltd has announced the commissioning of a 40 MW solar power plant in the state of Uttar Pradesh (UP).
The produced electricity will be sold to Solar Energy Corporation of India (SECI) – who had auctioned this project, for the next 25 years at a levelized tariff of INR 4.92 ($0.077)/kWh, which is inclusive of Viability Gap Funding (VGF).
The plant is spread across an area of approximately 225 acres. It has been set up under the government’s National Solar Mission Phase-II Batch-III Tranche III.
Th company claims that it is one the largest solar developers in UP and had built the first utility-scale solar project in the state in 2015.
In the first week of April, Azure power had won a 200 MW solar PV project to be developed outside a solar park in Gujarat, in an auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL).
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.