Azure Power Wins Solar Power Project From APDCL
Azure Power, one of India’s leading independent solar power producers, announced that it has won (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Limited (APDCL) at a weighted average tariff of INR 3.37 (~US cents 5.2) per kWh. The project will be developed by Azure Power outside a solar park and is expected to be commissioned in 2019.
Assam has seen a significant increase in power demand in recent years and has a shortage of electricity capacity. The state has a peak power deficit of 4.2% and energy demand growth was 9% during the year ending March 2018. APDCL currently serves a quickly growing consumer base of more than 3.3 million.
- Issued By:ASSAM POWER DISTRIBUTION COMPANY LIMITED
- Bagged By:
- Region:Eastern India
- Published On:2018-06-07