Azure Power Global Ltd - Company Profile
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Business Description
Azure Power Global Ltd (Azure Power) is a renewable energy developer and independent renewable power producer, primarily engaged in building, owning, and operating utility-scale renewable energy projects in India. Azure Power's projects are spread across 12 Indian states, with a significant portion located in high irradiation zones such as Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The company sells renewable power under long-term Power Purchase Agreements (PPAs) with central government-owned intermediaries, ensuring predictable revenues. Azure Power is exploring the addition of wind, hybrid, and storage assets to complement its solar generation capacity.
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