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Company Profile

We are a leading independent power producer and developer of solar energy with the mission to be the lowest-cost power producer in the world. We sell solar power on long-term fixed price contracts to our customers, at prices which in many cases are at or below prevailing alternatives for these customers.

We developed India’s first private utility scale solar project in 2009. Since then, Azure Power has grown rapidly to become the leader in developing and operating solar power plants in India. We have a portfolio of over 1 GW spread across 18 states, with 30+ operational utility scale projects and several commercial rooftop projects. By entering into the market first and growing in-line with boarder Indian solar opportunity we have developed critical operational expertise and regional knowledge which has enabled us in developing an unmatched track record of delivering high quality solar projects. Our long term goal is to achieve 5GW committed or operating by December 31, 2020.

Investment Proposition

Azure represents a unique opportunity to invest in a leading solar power company in India with a track record of execution and high growth

Integrated Business Model

Strong Track Record

Ability To Win

Our Strength

  • Local expertise with global technology
  • Expert design, installation and delivery
  • Efficient financial strategy
  • Effective & strategic bidding
  • Consistent winners
  • Improved yield
  • Real-time monitoring
  • Improved cash flows

The Facts

  • Company founded by Inderpreet Wadhwa in 2008 
  • Installed India's first private Utility scale solar project in 2009
  • Installed India's first distributed MW scale solar rooftop project in 2013
  • Portfolio of over 1 GW under various stages in 18 states1
  • 100 MW Rooftop portfolio across 14 states1

1 As on March 31st 2017

 

Shareholders may obtain a copy of the company's annual report from the company's website at Reports and Filings or by writing to ir@azurepower.com to request a physical or electronic copy.