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Indian solar developer Azure Power has invested in a 95 MW solar power plant in Gujarat as the first phase
of a 260MW project by distribution company GUVNL, India's state-owned power company.
The project, which won an auction in September 2017, was completed approximately 5 months before the scheduled PPA operating date, which is also Azure Power's fastest commissioning
of a large plant to date.
It has a 25-year power purchase agreement with GUVNL with a tariff of 2.
67 rupees/kWh (about 3.
9 cents).
The Founder, Chairman and CEO of Azure Power said, "With the early commissioning of this plant, we set a new record for the company to complete projects ahead of schedule, once again demonstrating our strong project development, engineering and execution capabilities
.
”
He also said, "We are delighted to start selling the lowest cost solar power in Gujarat, which is about 23 per cent cheaper than the recent average electricity price in the state, thus contributing to our Prime Minister's commitment to clean and green energy through solar power
.
" ”
:/, please indicate the source for reprinting)
Indian solar developer Azure Power has invested in a 95 MW solar power plant in Gujarat as the first phase
of a 260MW project by distribution company GUVNL, India's state-owned power company.
The project, which won an auction in September 2017, was completed approximately 5 months before the scheduled PPA operating date, which is also Azure Power's fastest commissioning
of a large plant to date.
It has a 25-year power purchase agreement with GUVNL with a tariff of 2.
67 rupees/kWh (about 3.
9 cents).
The Founder, Chairman and CEO of Azure Power said, "With the early commissioning of this plant, we set a new record for the company to complete projects ahead of schedule, once again demonstrating our strong project development, engineering and execution capabilities
.
”
He also said, "We are delighted to start selling the lowest cost solar power in Gujarat, which is about 23 per cent cheaper than the recent average electricity price in the state, thus contributing to our Prime Minister's commitment to clean and green energy through solar power
.
" ”
:/, please indicate the source for reprinting)
/
