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Jaguar Overseas Takes a Resolve to Support Afghanistan’s Solar Energy Sector

L-R: Charles Eberly, INVEST Energy Consultant; Deepak Mathur, Jaguar Overseas; Abdul Ehsan Mohmand, Afghanistan Consultancy Companies Association (ACCA); Burak Unsal, 77 Construction

Jaguar Overseas, a New Delhi-headquartered, ISO-certified Global Project Engineering-Procurement-Construction Company, stressed on the immense potential of Afghanistan’s energy sector and sought support from the country’s local bodies so as to ensure that the company is able to contribute effectively to the economic development of the region at the recently concluded second annual event, ‘Passage to Prosperity: India-Afghanistan International Trade and Investment Show’.

The event, held at the JW Marriott Mumbai Sahar hotel between September 12-15, 2018, was hosted by government officials from India and Afghanistan in association with United States Agency for International Development (USAID), the leading U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential.

The event mainly aimed to advance trade integration by establishing economic and trade ties between Afghanistan and the international markets through business-to-business matching and consumer sales.

Committed to strengthening the India-Afghanistan relationship, Deepak Mathur, Chief Executive Officer, Jaguar Overseas Limited (JOL) engaged in a high-value panel discussion titled ‘Power-up Afghanistan – Lessons learnt in Afghan Energy sector’. During the discussion, he spoke eloquently on the importance of strengthening Afghanistan’s power sector. He also highlighted on the strategic importance of Afghanistan region for neighbouring countries including India apart from listing out key requirements such as the need to institutionalize flexible policies, government support and involve local partners to ensure all projects get completed seamlessly and JOL is able to contribute effectively to the overall process of rebuilding Afghanistan.

JOL has been closely associated with the development of Afghanistan’s energy sector for the last 10 years. The company was closely associated with the complete power evacuation process done via India Afghan friendships dam projects.

The recent Kandahar Solar Power project undertaken by JOL is in a very advanced stage. Recognizing the urgency to provide a solution to the problem of power shortage in Afghanistan, Jaguar Overseas played an integral role in the construction of a 10MW Afghanistan solar power project in Kandahar and resolved to strengthen Afghanistan’s power sector by developing country’s first tariff based solar power plant. The project is being executed with the support of USAID. The objective of the project is to ensure that Afghanistan becomes self-sufficient where their energy and power sector is concerned. JOL is getting continuous encouraging support from the government of Afghanistan DABS and local authorities.

During the panel discussion, Mr. Deepak Mathur, Chief Executive officer of Jaguar Overseas said, “Over the last 10 years, we have been closely associated with the development of the energy sector in Afghanistan and have been a part of India-Afghan Friendship Dam project (AIFD). Afghanistan is a land of opportunities. It is not only a strategically important location, it also houses a huge market with untapped potential particularly in the energy sector. It has about 344 GW potential where 222 GW is solar and 67 GW is wind power. The country has enough hydropower also available to it, to be able to develop it further for safe use. To harness this power, the kind of support and flexibility that the government of Afghanistan has shown, has been tremendous and we strongly encourage investors to focus attention here.”

Exhibitors at the event reported that the quality of investments and sales this year was outstanding. This reinforces that ‘Passage to Prosperity’ is the only trade and investment event that connects an international community of buyers, sellers, and investors to ‘do business first’ with Afghan businesses before they are discovered on the world stage. Now into its second year, the show continues to grow and expand with approximately 200 businesses and industry leaders, including women entrepreneurs from Afghanistan, showcasing their top-quality products, services, and business opportunities in luxury goods, agriculture, energy, health and education, mining and heavy industry, among other sectors. Some of the significant highlights from the 2018 ‘Passage to Prosperity’ event include partnership announcements by Dr. Mohammad Humayon Qayoumi, Acting Minister of Finance, Islamic Republic of Afghanistan; and the brand launch for an entertainment show called ‘Afghan Treasures’ that showcased the best of Afghanistan’s Silk Road heritage.

About Jaguar Overseas

With the proven expertise of extending World-Class services since 1991, Jaguar Overseas specializes in executing turnkey EPC projects in diverse fields like Power, Agriculture, Industrial Plant, Infrastructure, and Renewable Energy. Headquartered in New Delhi, India, JOL has offices in Asia, South East Asia and Africa. Prominent locations include Nepal, Mozambique, Central African Republic, Benin, Guinea, Mauritania, Zambia and Zimbabwe. Over the years, JOL, which kept a value system enabling a perfect blend of 3T’s - Truthfulness, Transparency and Trust – in its work culture, is known for its commitment towards clients & projects, technical know-how and on-time delivery and being cost effective. JOL has recently bagged the ‘EPC of the Year’ award by Ibrands 360. Jaguar Overseas is also nominated under the prestigious category of ‘Emerging Global EPC Company of the Year’ to be felicitated at EPC World Awards 2017 event, scheduled to be organized this month.

G P Tronics Bags ELCINA-EFY Awards 2018 for the Excellence in Innovation for Solar Products

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G P Tronics team receiving ELCINA EFY Awards 2018 from Shri Ajay Prakash Sawhney, IAS, Secretary, Ministry of Electronics and Information Technology (MeitY), Government of India

G P Tronics, a leading company in the power backup and solar solutions, was honoured with the 1^st prize of ELCINA-EFY Awards 2018 for the excellence in innovation related to power electronics with a special focus for solar products.

The Awards, instituted by ELCINA in 1976, were renamed “ELCINA-EFY AWARDS” in 2010, signalling the strategic partnership between ELCINA and EFY Group, a leading publishing house on electronics with the objective to promote the industry and spread awareness about this sector. Since last 43 years, ELCINA has been presenting these Awards to recognise the achievements of electronics/IT Hardware manufacturing (ESDM) companies in India. This year the award ceremony was organized on 14 September 2018 at the Hotel Ashok, New Delhi. The distinguished jury comprising of senior level officials from Ministry of Electronics & IT ( MeitY), Industry experts and eminent industrialists from the ESDM sector nominated the winners for the 2017 Awards after intense deliberations. The Award function was graced by the presence of Shri Ajay Prakash Sawhney, IAS, Secretary, Ministry of Electronics and Information Technology (MeitY), Government of India as the chief guest.

“Solar energy has the potential to transform India’s energy roadmap. Our innovative products speak volumes of the superior technology and investment in R&D. This award by ELCINA and EFY has surely recognized the work of companies like us, and will help us to do much better in the years to come,” said S K Ray Chaudhuri, Managing Director, G P Tronics.

In the process of “HARNESSING INNOVATION”, G P Tronics has bagged many prestigious awards from different business chambers. List of few such awards is given below:

2012 ICC - Environment Excellence Award
2014 ASSOCHEM - GREEN BUSINESS WINNER 2ND SME Excellence Award.
2015 FICCI - Platinum First Prize in Small Size Category
2016-17 - ELCINA- EFY Awards for ENVIRONMENT MANAGEMENT-1st PRIZE (SME)
2017-18 - ELCINA- EFY Awards for EXCELLENCE IN INNOVATION-1st PRIZE

About G P Tronics

G P Tronics established in 1978 with a vision to develop new generation power electronic products which will meet the aspect of commercial viability and benefitting mankind like using standby power and solar power.

NTPC Ltd. –Q1 FY 2018-19

28th Jul, 2018

The Country’s largest power generator - NTPC Ltd. having group installed capacity of 53651 MW, declared standalone unaudited financial results for the first quarter of financial year 2018-19.

For Q1 FY 2018-19, NTPC Ltd. generated 69.21 Billion Units against 64.41 Billion Units generated in the corresponding previous quarter, registering an increase of 7.45%.
The generation during Q1 FY 2018-19, is the highest quarterly generation, surpassing previous highest quarterly generation of 68.56 Billion Units during Q4 FY 2017-18.
NTPC Coal stations achieved PLF of 77.98% in Q1 FY 2018-19 as against National Average of 63.38%.

For Q1 FY 2018-19, the Total Income was Rs. 22,839.98 crore, registering an increase of 11.19 % over the corresponding previous period Total Income of Rs. 20,541.93 crore. Profit before Tax for the quarter was Rs.3,011.13 crore and Profit After Tax for the quarter was Rs. 2,588.14 crore.

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NTPC India’s Largest Power Generator Exhibits India Power Potential Highlighting its Expertise and International Business at 7th Power and Energy Africa 2018

01st Jun, 2018

NTPC, India’s largest power generating company with a commissioned capacity of 53,651 MW plans to become a 130 GW company by 2032, showcased India’s Green Power at the three day Exhibition and Conference on Power and Energy 2018 at KICC, Nairobi, Kenya from 29 - 31st May, 2018.

Ranked among leading power majors globally, NTPC highlighted its expertise and technical knowhow to execute green power projects of any scale and size. NTPC also displayed the significant work implemented in technological innovation like the dry ash disposable system, zero liquid discharge system, air-cooled condenser technology, which has helped in improving the efficiency of power plants and also by taking over of some old power projects, by renovation and modernization.

The power and energy event was inaugurated by the eminent chief guest, Mr. Martin Mwaisakenyi Heya, OGW, Secretary Petroleum, Ministry of Energy & Petroleum, State Department of Petroleum, Kenya and Indian High Commissioner to the Republic of Kenya Ms. Suchitra Durai along with the senior officials of Ministry of Energy & Petroleum, Govt. of Kenya and NTPC.

The exhibition, which stretched over three-packed business days, witnessed over 11 countries and 22 exhibitors from around the world to network, transact business and gain key insights into latest industry trends and advancements across power sector. The event also provided an ideal backdrop to establish relationships that will lead businesses into new sector markets. NTPC’s Green Power Pavilion drew inquisitive visitors from various global consultants and companies enquiring on NTPC’s international business opportunities, wind power and solar power generation and the company’s commitment to Renewable Energy.

NTPC highlighted its services that ranged from concept to commissioning of coal based, gas based and renewable energy projects, capacity building, renovation and modernization of old power projects, and improvement in efficiency.

The exhibition offered a well-balanced mix of expert talks, B2B meetings and panel discussions on the topical issues and key trends in the energy sector, such as the future of energy and transport in urban environment, renewables, digitalization and technology disruption.

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NTPC Ltd. – Profit After Tax up by 10.21%

28th May, 2018

The Country’s largest power generator - NTPC Ltd. who along with its group companies, has installed capacity of 53651 MW, declared the audited annual financial results for the year 2017-18 along with the unaudited financial results for fourth quarter of the year 2017-18.

For FY 2017-18, NTPC Ltd. generated 265.80 Billion Units against 250.31 Billion Units generated in the previous year, registering an increase of 6.19%. For Q4 FY 2017-18, NTPC generated 68.56 Billion Units against 63.77 Billion Units generated in Q4 FY 2016-17, registering an increase of 7.51%.
The generation during Q4 FY 2017-18, is the highest quarterly generation, surpassing previous highest quarterly generation of 67.78 Billion Units during Q3 FY 2017-18.
NTPC Coal stations achieved PLF of 77.90% in FY 2017-18 as against National Average of 60.72%.

For FY 2017-18, Audited Total Income is Rs. 85,207.95 crore, registering an increase of 7.39% over the previous year Audited Total Income of Rs. 79,342.30 crore. For Q4 FY 2017-18, Unaudited Total Income is Rs. 23,617.83 crore against Rs. 20,886.85 crore for Q4 FY 2016-17, registering an increase of 13.08%.

Audited Profit After Tax for FY 2017-18 is Rs. 10,343.17 crore as compared to Rs. 9,385.26 crore in the previous year, registering a growth of 10.21%. For Q4 FY 2017-18, unaudited Profit After Tax is Rs. 2,925.59 crore against Rs. 2,079.40 crore in Q4 FY 2016-17.

The Gross Generation of NTPC Group for financial year 2017-18, is 294.27 Billion Units as against 276.77 Billion Units during previous year. On consolidated basis, for the financial year 2017-18, the Audited Total Income is Rs. 89,641.59 crore as against the Audited Total Income of Rs. 83,009.31 crore during previous year. Audited Profit After Tax for FY 2017-18 is Rs. 10,501.50 crore as compared to Rs. 10,713.94 crore declared in FY 2016-17.

The Board of Directors of NTPC Ltd. has recommended final dividend for the financial year 2017-18 @ 23.90% of paid-up share capital i.e. Rs. 2.39 per equity share of the face value of Rs. 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in September 2018. The Company had paid Interim Dividend at the rate of 27.30% of paid-up share capital i.e. Rs. 2.73 per equity share in February 2018. Thus, total dividend for the Financial Year 2017-18 will be 51.20% of the paid-up share capital i.e. Rs. 5.12 per equity share. This is the 25^th consecutive year of dividend payment.

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NTPC signs Term Loan of ₹1500 crore with HDFC Bank

13th Jul, 2018

NTPC has signed term loan agreement for ₹1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3- months MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri A.K Gautam, General Manager(Finance), NTPC Ltd and Shri Raveesh Bhatia, Regional Head, Corporate Banking, North, HDFC Bank Ltd in the presence of Shri K. Sreekant, Director (Finance), NTPC Ltd.

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NTPC FOREIGN LENDERS MEET HELD

22nd Jun, 2018

NTPC held its 16^th Foreign Lenders Meet in Mumbai on 22^nd June 2018. The meet was aimed to update the foreign banks and financial institutions about the companys Operational and Financial performance during the financial year 2017-18, growth plans and funding requirement etc for the future.

A detailed presentation was made by Shri K Sreekant, Director (Finance) covering various aspects of NTPC’s performance and future growth plans.

International credit rating agencies S&P, Fitch and Moody’s presented their perspective on the company credit quality, trends in the power sector in the APAC region, prospects and developments in the Indian Power Sector etc.

Shri Rajesh Kumar, RED (West-1), Shri Sudhir Arya, CFO, Shri A.K.Gautam, GM (Finance), and Shri Y.B.Mishra, GM(Finance), WR1HQ were also present during the meet.

Around 60 representatives from various financial institutions, banks attended the meet.

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MoU between Govt. of Bihar and NTPC Limited of Bihar

15th May, 2018

A Memorandum of Understanding (MoU) was entered amongst Govt. of Bihar (GoB), Bihar State Power Holding Co. Ltd. (BSPHCL), Bihar State Power Generation Co. Ltd (BSPGCL), North Bihar Power Distribution Company Ltd.(NBPDCL), South Bihar Power Distribution Company Ltd.(SBPDCL), Bihar State Power Transmission Company Limited (BSPTCL) and NTPC Limited on 15th May 2018 at Patna for Performance improvement of Power Sector in the State of Bihar. The MoU was entered in the august presence of Shri Nitish Kumar, Chief Minister of Bihar, Shri R. K. Singh, Minister of State (Independent Charge) for Power and New & Renewable Energy, Govt. of India and Shri Bijendra Prasad Yadav, Energy Minister, Govt. of Bihar, Shri Pratyaya Amrit, Principal Secretary, Department of Energy, Govt. of Bihar, Shri Gurdeep Singh, CMD, NTPC Limited, Shri Anand Kumar Gupta, Director (Commercial), NTPC, Shri R. Lakshmanan, Managing Director, BSPGCL and other dignitaries.

The MoU envisages transfer of Barauni Thermal Power Station (720 MW) and transfer of Bihar State Power Generation Company’s (BSPGCL) equity in Kanti Bijlee Utpadan Nigam Limited (KBUN) & Nabinagar Power Generating Company (Pvt.) Limited (NPGC) to NTPC.

NTPC, a Maharatna Company under Ministry of Power, Govt. of India is the largest power generating company of India with a total installed capacity of 53651 MW (including JVs) from coal, gas, hydro, solar and wind power projects. NTPC is on an accelerated growth trajectory to meet this long-term targets and currently has 21,071 MW capacity under construction. Company has two operational coal mines. NTPC in the past has demonstrated strong capability in turning around under-performing state owned power stations.

Barauni Thermal Power Station (720 MW) which is located at Begusarai district in Bihar. The Plant comprise of Stage-I (2x110 MW) (under advance stages of R&M) and Stage-II (2x250 MW) (under construction).

NTPC with its expertise in construction of power projects and contract management capabilities is expected to complete the balance works and achieve sustained commercial operation of units in a time bound manner.

Nabinagar Power Generating Company (Pvt) Limited is a 50:50 Joint Venture Company of NTPC Limited and Bihar State Power Generation Company Limited (BSPGCL). The Company is developing a 1980 MW (3x660 MW) Nabinagar Super Thermal Power Project in district Aurangabad, Bihar. The project is currently under-construction.

Kanti Bijli Utpadan Nigam Limited (KBUNL) is a subsidiary company of NTPC Limited in Joint Venture with Bihar State Power Generation Company Limited (BSPGCL). Currently NTPC and BSPGCL owns 72.64%and 27.36% equity holding in KBUNL respectively. KBUNL owns and operates Muzaffarpur Thermal Power Station (MTPS) (2x110 MW+ 2x195 MW) situated at Kanti, District Muzaffarpur in the State of Bihar. Plant is under operation.

All the three power generation facilities are envisaged to be transferred to NTPC from the effective date to be notified by Govt. of Bihar through a Statutory Transfer Scheme. The transfer of these power stations to NTPC will result in their optimal & efficient utilization, bring the tariff down and benefit the people of Bihar at large.

Power from all the three power station shall be available to State of Bihar as before after approval by Ministry of Power, Govt. of India.

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NTPC Achieves Generation Growth of 7.45% in Q1

02nd Jul, 2018

NTPC has achieved highest quarterly generation of 69.2 BU against the previous highest of 68.6 BU (in Q4 of FY 2017-18). Generation growth is up by 7.45% with respect to Q1 of last fiscal.

NTPC Group recorded the highest quarterly generation of 76.9 BU against the previous highest of 76.1 BU (in Q4 of FY 2017-18). This shows that the company is fully prepared to meet the spurt in demand.

NTPC Joint Venture Stations also recorded the highest quarterly generation of 7701 MU. Highest Renewable Energy generation of 411.24 MU is also a highlight of this quarter.

NTPC has total installed capacity of 53,651MW from its 21 coal based, 7 gas based, 11 solar PV, 1 hydro, 1 small hydro, 1 wind and 9 subsidiaries / joint venture power stations. NTPC is currently implementing an additional capacity of over 20,000 MW at multiple locations across the country.

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NTPC to use Treated Sewage Water

14th Jun, 2018

NTPC, India’s largest power generating company will use treated sewage water at its Dadri Power Station. This is in line with the tariff policy amendment by Ministry of Power, which requires mandatory use of treated sewage water from Sewage Treatment Plant (STP) of municipal body for thermal power plant located within 50 kilometre radius of the STP.

As a part of its corporate ethos, NTPC aims at utilization of waste water to ensure a sustainable ecological balance by minimizing waste and reusing treated wastewater at its power stations. NTPC has always made a pro-active approach towards environment, adoption of latest technologies, and continual environment conservation.

Company signed a Memorandum of Understanding (MoU) with Noida Authority on 14th June 2018 at Noida, for the supply of 80 MLD treated sewage water to NTPC Dadri plant. The project is expected to get completed in next three years.

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14th Analysts & Investors Meet of NTPC

02nd Aug, 2018

NTPC Ltd. organized its 14^th Analysts & Investors Meet on 1st August, 2018 in Mumbai. The Meet was addressed by Shri Gurdeep Singh, CMD, NTPC, in the presence of Shri Vivek Kumar Dewangan, Joint Secretary & Financial Advisor (Internal Finance & Budgetary Control), Ministry of Power, Shri Saptarshi Roy, Director (HR), Shri A.K. Gupta, Director (Commercial), Shri S.K. Roy, Director (Projects), Shri Prakash Tiwari, Director (Operations) and Shri P.K. Mohapatra, Director (Technical).

The presentation on growth plans of NTPC was made by Shri K. Sreekant, Director (Finance). Over 250 Analysts and Investors attended the Meet.

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NTPC amongst top India’s Great Place to Work For

29th Jun, 2018

NTPC, India’s largest power generating company, has been ranked 25th in India’s Great Place to Work for 2018. NTPC is the only PSU among top 25 and has made a quantum leap from 38th position last year.

NTPC has also been recognized as the Laureates for consistently getting featured in the list for 10 years in a row. NTPC has appeared in this coveted list for successfully building and sustaining high trust-high performance culture with only 5 companies given this recognition.

The award was received by Shri Rajesh Kumar, RED, West-I, NTPC in an glittering award ceremony held on June 28th in Mumbai. This achievement showcases NTPC’s commitment to enhance professional growth of its employees by setting new standards in the company’s work culture. The annual Best Workplaces List of the Great Place to Work institute is considered the gold standard certification for defining, assessing and recognizing great workplaces based on their people management practices.

This achievement cements NTPC’s commitment towards curating and nurturing the culture for building and sustaining its philosophy of high-trust and high-performance. Learning and development has been the major plank to bring the transformation with experiential learning, custom-made management development programs.

As an organization, NTPC has always been at the forefront in making efforts towards employee-friendly HR policies and high engagement initiatives to enhance productivity and cultivate a harmonious and progressive work environment. NTPC has always nurtured and helped talented individuals with knowledge, skillsets, and competencies and aligned its human resource function with the fast-changing business environment.

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Azure Roof Power to Electrify Government Buildings in Madhya Pradesh and Delhi

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Azure Power Solar Rooftop Plant

Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced it has won 11.2 MW and 600 KW rooftop solar power projects in bids conducted by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) and Indraprastha Power Generation Company Ltd (IPGCL) respectively. Azure Power will provide power for 25 year to various Government establishments in Madhya Pradesh and Delhi which will be spread across approx 600 project sites. Azure Power qualifies for a capital incentive which results in a weighted average levelized tariff of INR 4.50 (~US 6.6 cents) per kWh for the MPUVNL project and a weighted average levelized tariff of INR 5.91 (~US 8.6 cents) per kWh for the IPGCL project.

For the bid tendered by MPUVNL, World Bank is the technical partner which provided pre-identified project sites with technical due diligence. Azure Power’s win of 11.2 MW is the largest allocation in the bid, which includes approx 90% of the total project sites allocated and covers Government Buildings like Colleges, Poly-Technic Colleges, Industrial Training Institutes (ITI’s) and Police Establishments.

Azure Roof Power offers superior rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas (GHG) emission reduction targets. With over 200 MWs of high quality, operating and committed solar assets across 23 states, Azure Roof Power has one of the largest rooftop portfolios in the country. Azure Roof Power has a well-diversified customer base with a majority of the portfolio contracted with Government of India backed entities. Azure Roof Power customers include large commercial real estate companies, a leading global chain of premium hotels, distribution companies in smart cities, warehouses, Delhi Metro Rail Corporation, Indian Railways, a Delhi water utility company and various Government of India Ministries.

Speaking on this occasion, Mr Vishal Jain, DGM, Azure Roof Power said, “We are pleased to partner with IPGCL, MPUVNL and World Bank for these projects. With these wins, we have once again demonstrated our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”

About Azure Power

Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-Indian portfolio. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & micro grids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.

For more information, visit: www.azurepower.com.