What We Do
We sell solar energy to central and state government utilities and independent industrial and commercial customers at predictable fixed prices. Since our solar power generation does not rely on fossil fuels, our electricity prices are insulated from the volatility of commodity pricing. We also provide delivery commitments for the electricity production of our solar power plants to our customers.
We have lowered our cost of solar energy through value engineering, operational performance monitoring and efficient financial strategy. This allows us to deliver cost-effective energy for our customers. Our in-house EPC expertise lowers system costs and our advanced in-house operations and maintenance capability allows us to increase power yields and monitor project performance near real-time. Coupled with our efficient financial strategy, we believe that we are able to offer low-cost solar power solutions at high efficiency yields.
We manage the entire development and operation process, providing customers with long term fixed price PPAs, as a result of solar not being subject to variable commodity prices. Our in-house focus on high engineering standards and asset quality ensures high levels of availability and service to our customers.
As opposed to relying on third-party providers, our integrated profile affords us greater control over project development, construction and operation, which provides us with greater insight and certainty on our construction costs and timeline.
We hire from local communities and generally lease land with few alternative uses, providing local communities with a stream of discretionary cash flow without displacing alternative businesses. As a result we are able to build long-term community relationships, which allows us to improve our time of completion, further reducing project development risk.
Ranjit Gupta
Chief Executive Officer
The renewable energy industry, especially solar, has progressed tremendously in the last decade and with the increased share of RE in the energy mix, the sector is set for a massive leap towards energy transition in India.
At Azure Power, we continue to transform our portfolio and grow alongside the burgeoning Indian solar power market. With our excellent execution capabilities, we remain focused on delivering value to our stakeholders by providing reliable solar power to our customers, fulfilling careers to our employees, bettering the communities in which we operate, and providing strong returns to our shareholders.
Board Of Directors
Our Solar Power Projects
Our Corporate Video for Solar Energy
Azure Power is a leading solar power producer in India with a proven track record and a portfolio of over 7GWs* of high quality solar power assets. From developing the first utility scale in the country, Azure Power has the proud privilege of being the first Indian energy asset to be listed on the NYSE Azure Power also listed the first solar green bond on the SGX.
