Azure Achieves Milestone of 100 MW of operating solar rooftop capacity

Azure Power has announced that it has exceeded 100 MW of operating solar rooftop capacity. This milestone was accomplished with the company’s recent rooftop solar project commissioning of many 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 Rs 5.82 (US 8.4 cents) per kWh, 139% higher than the lowest solar power bid in India.

Azure Roof Power has over 200 MW of operating and committed solar assets across 24 states. The company has developed distinctive business models in the solar rooftop space that cover public private partnership, bilateral power sale and intermediary power sale.

Speaking on this juncture, Inderpreet Wadhwa, founder and chairman, Azure Power said, “With 100 MW operational and an overall rooftop portfolio of over 200 MW, 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 shareholder through Azure Roof Power.”