Azure Power announced that it has won a 260MW solar project in an auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL). Azure Power will provide power for 25 years to GUVNL. The project will be developed by Azure Power outside a solar park and is likely to be commissioned in 2019.
Speaking on this occasion, Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, "Our long history of superior solar power operations in Gujarat right from the inception of Gujarat's Solar Policy 2009 has contributed to our success of procuring the largest solar power contract auctioned by Gujarat. We are delighted to make a contribution towards the realization of our Hon'ble Prime Minister's commitment towards clean and green energy, through solar power generation."