Who We Are

Our mission is to be the lowest-cost power producer in the world. We sell solar power in India on long-term fixed price contracts to our customers, at prices which in many cases are at or below prevailing alternatives for these customers. Since inception, we have achieved a substantial reduction in total solar project cost, which includes a significant decrease in balance of systems costs due in part to our value engineering, design and procurement efforts.

Azure Power was founded in 2008 with a vision of providing affordable solar power in an efficient, sustainable and socially responsible manner. We started our journey in 2009 by developing India’s first private utility scale solar plant, a 2 MW plant in a small village in Awan, Punjab and since then, in our journey spanning over a decade, we have grown rapidly to become one of the largest solar power developers in the country with a 7GW+ pan-India portfolio. As a pure play solar power company, with in-house engineering, procurement and construction expertise, as well as advanced inhouse operations and maintenance capabilities, we provide low-cost and reliable solar power solutions to customers throughout India.

Azure Power is backed by several long-term marquée investors such as Caisse de dépôt et placement du Québec (CDPQ), International Finance Corporation (IFC), Helion Venture Partners, Société de Promotion et de Participation pour la Coopération Économique (PROPARCO), and Netherlands Development Finance Company (FMO). We also have the proud privilege of being the first Indian energy asset to be listed on the New York Stock Exchange (NYSE) and also list the first solar green bond on the Singapore Stock Exchange (SGX).

vision

Vision

Affordable solar power for generations

mission

Mission

To be the lowest cost power producer in the world

Our Values

  • entrepreneurship

    Entrepreneurship

    We passionately challenge the status-quo by encouraging bold thinking, taking new initiatives and exploring unconventional ideas.

  • excellence

    Excellence

    To us “Excellence” means standing out, striving for perfection in everything we do.

  • honesty

    Honesty

    “Honesty” to us means sincerity, truthfulness, being fair & loyal with integrity.

  • social-responsibility

    Social Responsibility

    We are committed to care for society and the environment through all our actions.

Our Milestone

Our mission is to be the lowest-cost power producer in the world. We sell solar power in India on long-term fixed price contracts to our customers, at prices which in many cases are at or below prevailing alternatives for these customers. Since inception, we have achieved a substantial reduction in total solar project cost, which includes a significant decrease in balance of systems costs due in part to our value engineering, design and procurement efforts.

  • Surpassed

    7+

    GW portfolio across India.

    2020

  • Azure Roof Power Surpasses 100 MWs of Operating Solar Rooftop Capacity.

    2019

  • Developed Company’s first microgrid project in Jharkhand.

    Surpassed 2 GW portfolio.

    2018

  • Issued India’s first solar Green Bond

    2017

  • Surpassed 1 GW portfolio.

    Listed on the NYSE, India’s first energy company to be listed on the US stock exchange.

    National Award received under category “Project Developers” for solar rooftop by MNRE.

    2016

  • Developed the first utility scale project in the states of Uttar Pradesh and Chhattisgarh.

    Developed a 100 MW project in Rajasthan, the largest operating project under National Solar Mission at commissioning.

    Developed a 5 MW project in Rajasthan, first private project under JNNSM that provides electricity to Indo-Pak border outposts.

    2015

  • Developed a 34 MW project in Punjab, North India’s largest private solar power plant at commissioning.

    2014

  • Developed a 2.5 MW project in Gujarat, India’s first distributed MW scale solar rooftop project.

    2013

  • Developed a 10 MW project in Gujarat, India’s largest capacity project at commissioning.

    2011

  • Developed a 2 MW project in Punjab, India’s first private utility scale solar project

    2009

  • Azure Power started its solar journey

    2008