Azure Power announced that it has surpassed 100 MWs of operating solar rooftop capacity, making the operating portfolio of Azure Roof Power one of the largest in the country.
This milestone was achieved with the company’s recent rooftop project commissioning of various capacities under Delhi Jal Board, Indian Railways and Solar Energy Corporation of India (SECI).
With this, the company’s operational rooftop capacity now has a levelized weighted average tariff of INR 5.82 (~US 8.4 cents) per kWh, 139% higher than the lowest solar power bid in India.
Azure Roof Power is one of the leading rooftop solar platform in India with over 200 MWs of operating and committed solar assets across 24 states, one of the largest rooftop portfolios in the country.
The company has developed unique business models in the solar rooftop space that cover Public Private Partnership (PPP), Bilateral Power Sale and Intermediary Power Sale and is the only company in its category to do so sustainably.
Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “With 100MWs operational and an overall rooftop portfolio of over 200 MWs, Azure Roof Power is among the leading and largest operating platforms of rooftop solar in India. With the only company to announce the largest financing warehousing facility and industry leading operating and rapid execution platform across 24 states, Azure is poised to deliver high value to its customers and shareholders through Azure Roof Power.”
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