With an aim to become the lowest-cost power producer in the world, Azure power – a Solar Power Company – is on its way to power the world at a reduced cost. They are already selling solar power in India on a long-term fixed price contract at prices that are, in many cases, at or below current alternative rates. Since its inception, they have managed to significantly reduce Solar Power Plant Costs by innovating in the field of engineering, design and procurement efforts.
The company was founded back in 2008. Their first major Solar Installation was installing India’s first private Utility-scale solar project in 2009. Their portfolio consists of over 7 GWs under various stages across 24 states. Azure power is the first power company from India to list on the US stock exchange, making them one of the top Renewable Energy Companies in India. The company is also first in issuing India’s first Solar green bond.
Their in-house EPC capabilities enhance their ability to be flexible with their choice of technology, allowing them to choose high-quality equipment while optimizing the combination of total solar power generation cost and yield. Azure power’s proprietary systems help them to significantly reduce the time taken for design, finance, and commission, operate and project maintenance. They partner with local communities when they take up new projects. Their strong management team has proven execution capabilities globally, making them one of the Top Solar Companies in India, USA & UK.