Azure Power announced that it has surpassed 100MW of operating solar rooftop capacity. This milestone was achieved with the company's recent rooftop project commissioning of various capacities under Delhi Jal Board, Indian Railways and Solar Energy Corporation of India. With this, the company's operational rooftop capacity now has a levelized weighted average tariff of INR 5.82 (~US 8.4 cents) per kWh, 139% higher than the lowest solar power bid in India.
Mr Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power, said, "With 100MW operational and an overall rooftop portfolio of over 200MW, Azure Roof Power is among the leading and largest operating platforms of rooftop solar in India. With the only company to announce the largest financing warehousing facility and industry leading operating and rapid execution platform across 24 states, Azure is poised to deliver high value to its customers and shareholder through Azure Roof Power."