Azure Power has announced that it has closed a financing deal of INR6 billion (US$88 million) for a 200 MW solar power plant in Bhadla, Rajasthan, located in north-west India.
Azure Power won the project through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise, in January this year.
The solar plant will be set up at Bhadla Solar Park in Rajasthan and is likely to be commissioned in 2019.
Azure Power has not disclosed any details of the financing transaction, besides that it was concluded ahead of schedule, referring to the financial close deadline set by SECI for winning projects.
Country updates
-
-
October 02, 2018
EDF and SITAC order 100 MW turbines from Vestas for project in India
Vestas has announced that it has received a turbine order from SITAC and EDF Renewables for a 100 MW wind project awarded at the Gujarat state auction held in December 2017. The order inclu...
Read more -
September 26, 2018
SECI extends bid submission deadline for 160 MW solar-wind hybrid tender
The Solar Energy Corporation of India has amended the recently floated tender for 160 MW of solar-wind hybrid power project with battery energy storage system at Ramagiri, located in Anantapur distric...
Read more -
September 26, 2018
ACME commissions 200 MW solar project in Rajasthan
ACME Solar Holdings, an Indian renewable energy developer, has commissioned a 200 MW solar power plant at Bhadla Solar Park, located in Rajasthan, north-west India. The company has invested INR9....
Read more -
September 18, 2018
Mytrah Energy signs PPA with SECI for wind project in Tamil Nadu
Mytrah Energy has signed a power purchase agreement (PPA) deal with the Solar Energy Corporation of India (SECI) for its 300 MW wind power energy project to be developed in Coimbatore d...
Read more -
September 17, 2018
Brookfield is set to acquire EWPL from Mukesh Ambani
Canadian asset manager Brookfield Asset Management is to acquire is set to acquire East Wes Pipeline Ltd (EWPL) owned by Mukesh Ambani for USD2 billion. Brookfield is uniquely sponsoring an inf...
Read more
