Azure Power (New Delhi, India), a leading independent solar power producer in India, on November 30th, 2016 announced that it has started the construction of its 100 MW solar photovoltaic (PV) power plant in Andhra Pradesh.
The Company has secured land and financing
for this project. The project was auctioned by NTPC, Government of
India’s largest power utility, designated under National Solar Mission
for a total capacity of 1,000 MW of solar power projects at Kurnool
Ultra Mega Solar Park.
The solar park is being developed by Solar Park
Implementation Agency (SPIA), Andhra Pradesh Solar Power Corporation
Limited (APSPCL).
USD 0.077 per kWh of solar power
The solar power tariff on the project will be
INR 5.12/kWh (USD 0.077/kWh) and the company will supply power to NTPC
for a duration of 25 years. The project is expected to get commissioned
by second quarter of 2017.
“With the commencement of the construction of this
100 MW project, we are delighted to make contribution towards
realization of our Hon’ble Prime Minister’s commitment towards clean and
green energy, through solar power generation,” comments Inderpreet
Wadhwa, Founder and Chief Executive Officer, Azure Power.
source:http://www.solarserver.com
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