 Azure Power NYSE: AZRE, a leading solar power producer in India, announced that it has received the letter of award LOA for a 2 GW interstate transmission ISTS solar power project with Solar Energy Corporation of India SECI pursuant to the exercise of a greenshoe option as part of an earlier 2 GW win with SECI. Under this greenshoe LOA, Azure will supply power for 25 years at a tariff of INR 2.92 US 3.9 cents per kWh. The project also comes with a 500 MW cell and module manufacturing capacity requirement and Azure Power intends to partner with a domestic manufacturer for this requirement. 