Indian independent power producer Azure Power has achieved the "important milestone" of 50 GW operating solar capacity, following the completion of a 1 MW project in Andhra Pradesh. The scheme includes a 25-year power purchase agreement between Azure Power and the Solar Energy Corporation of India at a rate of INR4.79 ($0.07) per kWh. Azure Power has been behind several pioneering schemes, including India's first megawatt-scale solar rooftop project and private utility-scale solar facility.
Indian independent power producer Azure Power has achieved the "important milestone" of 1 GW operating solar capacity, following the completion of a 50 MW project in Andhra Pradesh. The scheme includes a 25-year power purchase agreement between Azure Power and the Solar Energy Corporation of India at a rate of INR4.79 ($0.07) per kWh. Azure Power has been behind several pioneering schemes, including India's first megawatt-scale solar rooftop project and private utility-scale solar facility.