India: Power Project Azure Brings 28 MW Solar Power Plant Online
zure Power, a leading Indian solar power company, recently inaugurated a 28 MW solar power plant in the Killianwali village of Muktsar district, Punjab, India. Simultaneously, the foundation stone for a 150 MW solar project was laid in the same village.
New Delhi/India – A The newly operational solar plant was commissioned in a record period of under ten months from the signing of the Power Purchase Agreement. With a combined investment value of Rs 1,000 crore, these two plants will generate power to meet the electricity requirements of the nearby villages. The tariffs for these plants range from Rs 5.62 to 7.33 kWh. Apart from electrifying the vicinity, these plants are expected to create employment opportunities for an estimated 1,000 local workers.
Azure Power continues to demonstrate its position as a leader in the solar market, with a total solar portfolio of 225 MW in the state of Punjab, making the company the largest owner and operator of solar power plants in the state.
The event was graced by Deputy Chief Minister of the state of Punjab, Sardar Sukhbir Singh Badal. The Punjab Government’s support through various solar policies under the Punjab Energy Development Agency has facilitated in the implementation of these projects.
Commenting at the inauguration Founder and Chief Executive Officer, Azure Power, Inderpreet Wadhwa stated “We are delighted to make this contribution towards realization of our Prime Minister’s commitment towards clean and green energy, through solar power generation.”
Azure Power’s contribution will be instrumental in achieving the State’s renewable energy generation targets. The company has the longest operating history of solar power plants across various states in India. The company currently has a total solar portfolio of 980+ MW and has the largest operating solar power project under the National Solar Mission, a 100 MW plant in Rajasthan.