Azure Power wins 2 GW solar project with SECI

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

New EU Energy Platform to Boost Industry, Slash Emissions

In a bold step to enhance Europe’s industrial competitiveness...

GSE and NuScale Power Develop Hydrogen Simulator Project

GSE Solutions has developed a simulation model for hydrogen...

US Fuel Cell Generates Power and Hydrogen from Water

Engineers at West Virginia University have developed an advanced...

PowerCell Receives Order for MS-500 Marine Fuel Cell System

Swedish hydrogen fuel cell provider PowerCell has signed a...

Indian independent solar power producer Azure Power Ltd has received a letter of award for a 2 GW interstate transmission (ISTS) solar power project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.92 ($0.041) per kWh. The solar power project can be developed anywhere in India and is expected to be commissioned in staggered annual phases of 500 MW each with the first commissioning expected by 2022 and full commissioning by 2025. The company can elect within the next few days to double the capacity allocated as part of a greenshoe option.

The project also comes with a 500 MW cell and module manufacturing capacity requirement. Azure Power has an agreement in principle with a leading Indian solar panel manufacturer to take a majority ownership stake of this manufacturing requirement and the total investment requirement by the company is expected to be limited to 26 percent of equity investment.

Latest stories

Related stories

New EU Energy Platform to Boost Industry, Slash Emissions

In a bold step to enhance Europe’s industrial competitiveness...

GSE and NuScale Power Develop Hydrogen Simulator Project

GSE Solutions has developed a simulation model for hydrogen...

US Fuel Cell Generates Power and Hydrogen from Water

Engineers at West Virginia University have developed an advanced...

PowerCell Receives Order for MS-500 Marine Fuel Cell System

Swedish hydrogen fuel cell provider PowerCell has signed a...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back