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Azure Power commissions 100-MW solar park in India's Rajasthan

Solar farm. Author: Michele Lamberti. License: Creative Commons, Attribution 2.0 Generic.

May 14 (SeeNews) - Indian solar company Azure Power has commissioned a 100-MW photovoltaic (PV) plant in the state of Rajasthan, the company announced on Thursday.

The solar power station in Jodhpur was built under the second phase of India’s National Solar Mission (NSM) and represents that stage’s largest project in terms of capacity, the firm’s founder and CEO, Inderpreet Wadhwa, said in a statement as cited by the Press Trust of India (PTI).

The electricity generated by the solar park will be sold to the Solar Energy Corporation of India (SECI) for a period of 25 years at a price of INR 5.45 (USD 0.085/EUR 0.075) per kWh.

In December 2014, Azure said it had signed an accord with the government of Rajasthan to develop a 1,000-MW solar project in the northwestern Indian state.

(INR 10 = USD 0.156/EUR 0.137)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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