Azure Power lands 150MW hybrid project as part of 1.2GW SECI programme

Facebook
Twitter
LinkedIn
Reddit
Email
The project will need to be deployed within 18 months of signing the PPA. Image: Azure Power

Indian independent power producer (IPP) Azure Power has received a letter of award (LOA) for its first 150MW interstate transmission system connected (ISTS) solar-wind hybrid project with the Solar Energy Corporation of India (SECI).

The project will require the deployment of 100MW of solar and 50MW of wind capacity within 18 months of signing the power purchase agreement (PPA).  

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The contract is to run for 25 years at a fixed tariff rate of INR2.35/kWh (US$0.032c/kWh) and forms part of the 1.2GW ISTS ‘Hybrid Tranche – IV’ tender from SECI.

“Following up on our first wind project win, we have secured yet another important milestone with our first solar-wind hybrid project with SECI,” said Ranjit Gupta, CEO of Azure Power.

“With this win, we are confident of maximising our growth potential with the remarkable opportunities that we have in the Indian renewable energy market.”

In April, Azure sold its rooftop solar business to Radiance Renewables in a deal worth US$73.5 million, which Azure said would allow it to refocus efforts on more profitable areas, specifically utility-scale solar project development.

Since then, the company has returned to profitability as is on track to increase its operating solar capacity by at least a third this fiscal year.

Read Next

August 28, 2025
Indian solar manufacturing firm INA Solar has broken ground on its fourth 4.5GW cell production plant in Narmadapuram, Madhya Pradesh.
August 26, 2025
Jakson Engineers is investing over INR80 billion (US$912.5 million) to set up a 6GW integrated solar module, cell, and wafer plant.
August 26, 2025
India installed 14.3GW of new utility-scale solar capacity in the first half (H1) of 2025, marking a 49% increase year-on-year.
Premium
August 22, 2025
Indian PV manufacturers are facing a double hit from US trade tariffs and anti-dumping measures on products sold in America. Shreeyashi Ojha reports on how these are impacting their business models.
August 22, 2025
Polish independent power producer (IPP) R.Power plans to sell a 440MW ready-to-build PV portfolio in its home country.
August 21, 2025
National Thermal Power Corporation (NTPC), through its renewable energy arm NTPC Green Energy, has commissioned 212.5MW of solar capacity at its 1.25GW Khavda-I project. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines