Solar power producer Azure Power today said it has won a 11.35 megawatts (MWs) solar rooftop power project.
This is the largest allocation for this auction, 60 per cent of the total size, Azure Power said in a statement.
According to the statement, Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development.
Azure Power qualifies for a capital incentive from Navodaya Vidyalaya Samiti, which is expected to result in a weighted average levelised tariff of Rs 4.97 (US cents 7.7) per kWh.
The solar rooftops will be spread across 152 schools and six states -- Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka, Chhattisgarh and Kerala.
The Azure Roof Power offers rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas emission reduction targets.
With over 150 MWs of high quality, operating and committed solar assets across 20 states, Azure Roof Power has one of the largest rooftop portfolios in the country.
"Our long history of superior solar power operations across various rooftop customer segments have helped us win this project. Our long history of superior solar power operations across various rooftop customer segments have helped us win this project.
"In 2013, we built Indias first MW scale rooftop project in Gandhinagar under the smart city initiative, while recently, we have worked on electrifying various educational institutes and Government of India facilities pan India," Inderpreet Wadhwa, Founder, Chairman and CEO, Azure Power, said.
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