Indian independent power producer (IPP) Azure Power has made a US$12.9 million investment in solar manufacturer Premier Energies while also locking in domestic PV module supply from the company.
Indian independent power producer (IPP) Azure Power has appointed Harsh Shah as CEO, effective from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.
A high court in the Indian state of Andhra Pradesh has ruled that state distribution companies (Discoms) must honour the power purchase agreements (PPA) they signed with electricity producers and settle any debts within six weeks in a move with potentially huge significance for the country’s solar sector.
In a significant ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state distribution utilities (Discoms) must pay renewable companies the terms they agreed to when they signed power purchase agreements (PPAs) within six weeks.
Indian independent power producer (IPP) Azure Power has fully commissioned its 600MW Interstate Transmission System (ISTS) connected solar project allocated by the Solar Energy Corporation of India (SECI)
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).
Azure Power is on track to increase its operating solar capacity by at least a third this fiscal year following a first quarter that saw the independent power producer (IPP) return to profitability.
