Who We Are

We are a leading independent sustainable energy solutions provider, and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets to displace 230 million tons of global emissions by 2030.

We developed India's first utility scale solar project in 2009 and since then, Azure Power has grown rapidly to become a leader in developing and operating renewable energy projects in the country. We have substantially reduced our total project cost, which includes a significant reduction in balance of systems costs due in part to our value engineering, design, and procurement efforts.

Azure Power is backed by several global marquee institutional and public investors like Caisse de dépôt et placement du Québec (CDPQ) and OMERS Infrastructure. Earlier in our journey, we also had marquee investment from development institutions like International Finance Corporation (IFC), Société de Promotion et de Participation pour la Coopération Économique (PROPARCO), and Netherlands Development Finance Company (FMO). We have the proud privilege of being the first Indian energy asset to list the first solar green bond out of India on the Singapore Stock Exchange (SGX).

OUR MISSION: We develop, construct & operate best-in-class renewable energy projects to provide innovative solutions to our customers’ needs.
Mission and Vision

 

OUR VISION: We envision being a 20 TWH (terawatt hours) clean energy provider deploying multiple technologies for generations & energy storage to provide competitive and flexible customer solution

panchtatvaOur Values

  • INTEGRITY

    entrepreneurship

    We do the right thing for the organisation, even when no one is watching. We follow the company's policies on ethics and compliance. We act honestly and transparently and treat everyone with dignity and respect. We lead by example, by role modelling ethical behaviour in our interactions with customers, partners, and each other.

  • ACCOUNTABILITY

    excellence

    We take ownership of our actions and decisions, are committed to organizational goals, and as a team. collaborate Each of us is individually responsible for contributing to our team's success, striving for first-time right results

  • RELIABILITY

    honesty

    We set ambitious goals and pursue them with relentless passion, persistence and commitment

  • EXCELLENCE

    social-responsibility

    We hold ourselves to the highest standard of precision and accuracy fuelled by passion in everything we do and strive to be “best in class” in our industry

  • INNOVATION

    social-responsibility

    We cultivate an environment of innovation where the status quo is challenged with creative thinking and agility, enables us to rapidly transform ideas into impactful solutions

Our Milestone

  • Won The Asset Triple A Country Awards 2021 for the best high-yield green bond.

    Fully commissioned 600 MWs SECI project, the largest owned and operated single site solar project in India.

    2022

  • Issuance of 3rd Green Bond with lowest ever coupon for any renewable energy company in India.

    Won Effective Safety Culture Award.

    Won the first hybrid and wind projects.

    Off the 4 GWs of LOA, signed PPAs with total capacity of ~3 GWs.

    2021

  • Surpassed

    7GW+*

    portfolio across India.

    2020

  • Awarded most sustainable company in solar sector

    2020

  • Became Carbon neutral

    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