Utility-scale solar has been generating clean and reliable electricity with a firm fuel price for the last many years. Developing utility-scale solar power is one of the quick ways to reduce carbon emissions and put the world on a clean energy future.
Solar Renewable Energy Portfolio
Azure Power has a renewable energy asset base of over 7.4 GWs* with over 2.9 GWs of operational capacity and ~4.5 GWs of capacity under construction and in the pipeline.
What We Provide
We supply renewable energy to government utilities and independent industrial & commercial customers at fixed prices. Since renewable power generation does not rely on fossil fuels, our electricity prices are insulated from the volatility of input commodity costs. We are committed to lead India’s energy transition by providing sustainable energy solutions and help achieve carbon neutrality
Our in-house EPC, design, and procurement allows us to enhance our system design expertise with each successive project, be flexible with our choice of technology, and source from top-tier suppliers, optimizing both the system cost and power yield.
As an operator of the first utility scale solar power plant in India, we have progressed and have been able to develop and improve on our operational expertise with each successive project. We have an advanced tracking system that allows us to monitor project performance in real-time and respond rapidly to potential generation anomalies. Feedback from our operating projects also serves to further enhance our project designs, resulting in enhancements for current and new plants.
With our integrated business model and our asset financing strategy, we can optimize the overall cost of capital, leading to enhanced economics for our customers and shareholders. To enable rapid operationalization of our projects, we use short term credit facilities that are refinanced with long term project finance facilities. We enjoy credible relationship with domestic and international debt capital providers including leading global DFIs, banks, NBFIs, and Investment funds. Our strong track record and relationships in the capital markets offer us significant advantages when it comes to posting capital for bids.
Over 7.4 GWs* Portfolio is spread across India
|Committed (LOA issued + PPA signed)
- Under Construction