Efforts on Environment recognized
Azure Power has been awarded the Most #Sustainable Company in the Solar Energy Industry by World Finance Magazine, recognizing the Indian company’s effective efforts on environmental, social and governance pillars, and operating a business while meeting sustainable needs.
Azure Power has cut emissions, reduced water consumption and ensured physical waste is disposed of properly and with as little carbon footprint as possible.
Over the years, Azure Power has avoided over 5.2 million tons of CO2 equivalents since inception, realized 50% savings last year in water consumption per unit of electricity generated and created over 4,300 local jobs since inception in “the remote communities we operate in”.
Commenting on this award, Azure Power Chief Executive Officer Ranjit Gupta said on 28 July 2020, “For us, sustainability is the essence of our business and lies at the heart of our value proposition. At Azure, we continue to work towards sustainable economic development across our communities to contribute to a better society.”
World #Finance provides coverage and analysis of the financial industry, international business and global economy. The magazine is now introducing sustainability awards to businesses that have shown admirable commitment to sustainability and are making the business world a much greener place.
#Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-India portfolio over seven gigawatts. It developed India’s first private utility-scale solar project in 2009 and has been at the forefront in the sector as a developer, constructor and operator of solar projects since its inception in 2008.
With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power manages the entire development and operation process, providing low-cost solar power solutions to customers throughout #India. #carbon #solar #energy #wind #water /fiinews.com
