Agarwal says project is to transform Assam into a sustainably developed state by 2030
Azure Power (NYSE: AZRE) has commissioned its 90 MW solar plant, power from which is being supplied to Assam Power Distribution Company Limited under a long term 25-year PPA at a tariff of INR 3.34 (~US 4.4 cents) per KWh.
The plant’s 90 MW capacity is spread across four districts of Udalguri, Kamrup, Nagaon, and Cachar in the state.
The Cachar phase of 25 MW was a final commissioning of the plant.
Following this commissioning, Azure Power now has an operational capacity of over 2,900 MW of high-performing renewable energy assets in India.
“We are extremely proud of all our teams, especially those at the site. They have displayed tremendous dedication, and tenacity in the face of considerable execution challenges. The project will go a long way in meeting India’s clean energy objectives,” said Pawan Kumar Agrawal, CFO, Azure Power.
“Government of Assam has the vision to transform Assam into a sustainably developed state by 2030. Our project is a step forward in fulfilling this vision of the Government.
“In addition to meeting sustainability targets of the state, our project will also help in creating sustainable ecosystem by generating employment and revenue opportunities for local population,” Agarwal said on 2 May 2022. fiinews.com
