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 be listed on the New York Stock Exchange (NYSE), and list the first solar green bond out of India on the Singapore Stock Exchange (SGX).

vision

Vision

To be the number one provider of sustainable energy solutions for a carbon neutral world

mission

Mission

Create value for all stakeholders through high-performance Renewable Energy assets to displace 230 million tons of global emissions by 2030

Our Values

  • entrepreneurship

    Trust

    We cultivate transparent and rewarding partnerships with our customers, communities, employees, suppliers, and shareholders

  • excellence

    Innovation

    We embrace new technologies and creative business solutions to shape a better future

  • honesty

    Drive

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

  • social-responsibility

    Diversity

    We respect the strength of different perspectives and create equitable opportunities, rights, and reward systems

  • social-responsibility

    Excellence

    We take pride in what we do and strive for continuous improvement

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

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