In This Section

Company Profile

We are a leading independent sustainable energy solutions provider, and power producer in India on a mission to create value for all stakeholders through high-performance Renewable Energy assets to displace 230 million tons of global emissions by 2030. We build and operate some of the largest grid-scale renewable power projects in the country, and supply renewable power to government utilities, and independent industrial & commercial customers on long-term fixed price contracts. The prices 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 renewable power plants in India. We have a pan-India portfolio of over 4.3 GW*, with over 3 GW of operational capacity and 1.2 GW of contracted & awarded capacity, which includes 967 MW for which LOA has been received but PPA has not been signed yet. By entering the market first and growing in-line with the broader Indian renewable energy opportunities, we have developed significant operational expertise and regional knowledge, which has allowed us to achieve an unmatched track record of delivering high quality projects.


Investment Proposition

Azure Power represents a unique opportunity to invest in a leading renewable energy 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 strengths
  • Expert design, installation and delivery
  • Strong financial strategy
  • Strong customer portfolio
  • Effective & strategic bidding
  • Real-time monitoring
  • Improved cash flows

The Facts

  • Company founded in 2008 
  • Installed India's first private Utility scale solar project in 2009
  • Portfolio of over 4.3 GW* under various stages
  • Issued India’s first Solar green bond
  • Lowest ever coupon for USD bond issuance by any renewable energy company from India
  • Fully commissioned 600 MW SECI project, the largest owned and operated single site solar project in India.

*includes 967 MW for which LOA has been received but PPA has not been signed yet. The PPA will follow only after the power is contracted with DISCOMs under a power sale agreement (PSA) and there is no assurance that we will be able to sign a PPA even though we have a letter of award. 

 

Shareholders may obtain a copy of the company's annual report from the company's website at Filings & Bondholders or by writing to [email protected] to request a physical or electronic copy.

Powered by Sitecore