Azure Power

CERC Rejects Azure’s Plea for Extension of LTA Start Date, Exemption from Transmission Charges

The CERC has quashed the petition of Azure Power and its subsidiaries Azure Power Forty-Three, Azure Power Forty-One and Azure Power Maple, which sought the extension of the long term access start date. The petition also pleaded for extension of deadline from completion of the dedicated transmission line and pooling substation and exemption from transmission […]

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CERC Relents, Allows GST Compensation On O&M Expenses To Azure Power, Others

In a key development, the Central Electricity Regulatory Commission (CERC) has finally relented, and ruled in favour of GST compensation for a clutch of developers in seven cases (5 of which involve Azure Power owned entities). The issue has been contested around the treatment of GST on O&M (Operations and maintainence) contracts of solar projects […]

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Azure Power to Get 600 MW of Solar Modules from First Solar

India’s RE conglomerate Azure Power has announced that it has entered into an agreement for 600 MWdc of high-performance, advanced thin film photovoltaic (PV) solar modules from the US-based solar modules manufacturer First Solar. Azure Power said that the agreement is the first for production from First Solar’s new manufacturing facility in Tamil Nadu, which […]

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Harsh Shah Exits Azure Power; Rupesh Agarwal Steps in as Acting CEO

Leading renewable power producer in India, Azure Power Global Limited has announced the appointment of Rupesh Agarwal as its Acting Chief Executive Officer (CEO). Agarwal will take the reigns of the organisation from Harsh Shah, who has resigned as CEO with immediate effect. The Board will consider the appointment of a new permanent CEO in […]

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Siemens Gamesa To Supply Turbines To Azure Power

Global renewable energy developer Siemens Gamesa has announced that it has secured its first order in India. The order, for the supply of 96 SG 3.6-145 wind turbines, has come from Azure Power India Private Ltd. The official statement reads that the turbine supply is meant for a 346 MW project of Azure in the […]

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300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh

Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […]

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Azure Power Becomes First Indian RE Company To Get SA8000

Azure Power has become the first renewable energy company in India to win the award of SA8000:2014. It is a leading sustainable energy solutions provider and renewable power producer in India. SA8000 is the world’s leading social certification programme for factories and organizations across the globe. This is an auditable standard that requires organizations to […]

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Premier Energies In Strategic Alliance With Azure Power; To Supply 600 MW Modules For Next 4 Years

Solar manufacturing company Premier Energies Group has announced that it has entered a strategic alliance with renewable power producer Azure Power Global Limited. The official statement of Premier said that under the Module Supply Agreement, the company will supply 2.4 GW of solar cells and solar modules over the next four years. The value of […]

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SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit

Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […]

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