Azure Power wins 46MW Indian Railway’s Solar Rooftop projects

Azure Power announced that it has won 46 MW Solar rooftop projects across 11 States pan India for Indian Railways. With this win, Azure rooftop solar portfolio surpassed 100 MWs across 14 states in India.

The PPA will be signed with Indian Railways for their respective zones and coach factory for 25 years. The average tariff for the project is INR 4.63 (~USD 7 cents) per kWh with an additional capital incentive of INR 933.5 million (~US$ 14 million) upon commissioning.

Out of the 46 MWs total allocation, 20 MWs has been allocated by Northern Railways division, 10 MWs by the Western Railways division, 10 MWs by the North-Central Railways division, 3 MWs by the North Western Railways division, and 3 MWs by the Rail Coach Factory division.

Founder and Chief Executive Officer, Azure Power, Inderpreet Wadhwa, said that Azure has superior rooftop solar power solutions for infrastructure, commercial and industrial customers in cities across India to lower their energy costs and meet their greenhouse gas (GHG) emission reduction targets. They are pleased to partner with Indian Railways in reducing their GHG emissions through deployment of solar energy at their facilities across locations pan- India.

Image Source: Azure Power