Azure Power cuts ribbon of Assam state's largest solar park
Azure Power Solar Power Plant (Photo: Business Wire)
Indian solar developer and power producer Azure Power Global Ltd (NYSE:AZRE) has officially opened what it says is the largest solar photovoltaic (PV) park in the northeastern state of Assam.
The 90-MW sоlar complex is located across the districts of Udalguri, Boko, Nagaon, and Cachar. It will be generating electricity for Assam Power Distribution Company Limited, with the output to be sold under a 25-year power purchase agreement (PPA) at a tariff set at INR 3.34 (USD 0.042/EUR 0.041) per kWh.
Azure Power commissioned the plant in phases, with 25 MW in Cachar being the latest to come online, the firm said.
"The project also demonstrates the state's commitment towards sustainable development by promoting clean, accessible, affordable, and equitable solar energy availability,” said Harsh Shah, CEO of Azure Power.
Azure Power is the developer of India’s first utility-scale solar project. The company had a 7-GW portfolio of domestic projects at the end of 2020.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.