Azure Power has commissioned its third solar power plant in less than two years, at Kathauti village in Rajasthan. The company in line with its strong engineering, procurement and construction (EPC) track record, has commissioned the plant (from PPA signing to construction) in a record time of 11 months. In fact, all of its solar power plants have been completed well ahead of schedule, demonstrating leading EPC capabilities in the development, design and construction of solar power plants.The solar plant is expected to reduce carbon emissions of up to 5,500 metric tonnes every year. Spread over 40+ acres of wasteland, it has also generated income for the community through local employment and has helped stimulate the local economy by utilising innovative construction techniques. On the occasion, Inderpreet Wadhwa, CEO and Founder, Azure Power, said, “With the commissioning of our third grid connected plant we have now demonstrated our strong engineering and construction capabilities in three different states in India. I look forward to solar power being produced on top of every roof in India.”In a related development, Deutsche Investitions und EntwicklungsgesellschaftmbH (DEG, the German investment and development company), has provided Rs 68 crore or $13.6 million risk capital in the form of compulsory convertible debentures to Azure Power.Contact: Azure PowerTel: +91 11 4940 9800Web: www.azurepower.com
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