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Azure Power

Description

Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-Indian portfolio over 7 gigawatts. Azure Power developed India's first private utility scale solar project in 2009 and has been at the forefront in the sector as a developer, constructor and operator of solar projects since its inception in 2008. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power manages the entire development and operation process, providing low-cost solar power solutions to customers throughout India. 

Key Facts

  • Company founded in 2008
  • Installed India’s first private Utility scale solar project in 2009
  • Portfolio of over 7 GWs under various stages across 24 states (as on March 31st 2020)
  • First power company out of India to list on the US stock exchange
  • Issued India’s first Solar green bond

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