Azure Power cuts ribbon of Assam state's biggest solar park

• Indian solar designer as well as power producer Azure Power Global Ltd (NYSE: AZRE) has actually officially opened what it says is the biggest solar photovoltaic (PV) park in the northeastern state of Assam.

The 90-MW sоlar complex is located throughout the areas of Udalguri, Boko, Nagaon, as well as Cachar. It will certainly be generating electricity for Assam Power Distribution Company Limited, with the output to be marketed under a 25-year power purchase agreement (PPA) at a tariff set at INR 3.34 (USD 0.042/ EUR 0.041) per kWh.

Azure Power commissioned the plant in phases, with 25 MW in Cachar being the most recent ahead online, the company stated.

"The project likewise demonstrates the state's commitment in the direction of lasting development by advertising clean, obtainable, affordable, and fair solar energy availability," stated Harsh Shah, CEO of Azure Power.

Azure Power is the designer of India's first utility-scale solar project. The company had a 7-GW portfolio of domestic projects at the end of 2020.