Azure overcame Covid-19 challenges to complete the project
Azure Power (NYSE: AZRE) has fully commissioned its largest project, the 600-MW Interstate Transmission System (ISTS) connected solar plant in Bikaner, Rajasthan, which supply electricity to SECI at a tariff of Rs.2.53 (~US 3.5 cents) per kWh for 25 years.
This is the largest solar power project in India, owned and operated at a single location by any developer, Azure said on 3 Jan 2021.
Azure Power has commissioned the project in phases, with the last 100 MW commissioned this month.
Following this commissioning, Azure Power has 2,510 MW of high-performing operational solar assets spread across the country.
“It is an incredible way to start the new year. Since this project was initiated around the onset of Covid-19 in India, we faced several challenges amid lockdowns and safety concerns,” said Ranjit Gupta, MD and CEO, Azure Power.
“Despite the challenges and while prioritising the health and safety of all our employees and communities, we have managed to deliver high performing assets and are extremely proud of achieving yet another milestone in our journey towards a more resilient and sustainable future,” said Gupta.
Azure Power developed India’s first private utility scale solar project in 2009 and has been at the forefront in the sector as a developer, constructor, and operator of utility scale renewable projects since its inception. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power manages the entire development and operation process, providing low-cost renewable power solutions to customers throughout India. fiinews.com