Rajasthan 3 is a 100 MW project under Phase II Batch I of the NSM. Three PPAs were signed with the Solar Energy Corporation of India in March 2014 for a period of 25 years at a tariff of Rs. 5.45 per kilowatt hour with VGF. This was one of the largest portfolios won under the policy. Spread across over 717 acres of land in Jodhpur, this project commenced full operations in May 2015, making Azure the largest owner and operator of NSM projects totalling 142 MW. Equipment for a total of 60 MW have been completely manufactured in India, which is a significant milestone in supporting the Indian government’s “Make in India” initiative in the solar power sector.