Chitradurga plant to supply solar power for 25 years
Azure Power (NYSE:AZRE) has commissioned a 130 MW solar power project in Chitradurga district under the Karnataka Solar Policy 2014-2021.
Azure Power has a contract to supply power for 25 years to Chamundeshwari Electricity Supply Company Limited, Hubli Electricity Supply Company Limited and Gulbarga Electricity Supply Company Limited at a tariff of Rs.6.51 (~10 US cents) per kWh.
The project is divided in three sub-projects of 50MWs, 40MWs and 40MWs each and is spread across approximately 668 acres of land.
Commenting on the occasion, Inderpreet Wadhwa, Founder and Chief Executive Officer, Azure Power said, “With the commissioning of this plant, we now have a 150 MW portfolio and proven track record of operating solar power projects in Karnataka.
“We have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make a contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation,” said Wadhwa.
Azure Power has a portfolio of over 1000 MW across 15 states and is the largest in Karnataka. fii-news.com
