The Indian project developer and independent power supplier Azure Power Inc. has been awarded the contract for a 200 MW PV power project through an auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise. According to the company, Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 ($ 0.04) per kWh for 25 years. The solar plant will be set up at Bhadla Solar Park in Rajasthan and is likely to be commissioned in 2019.
In 2015, Azure Power already developed a 100 MW solar power plant in the state of Rajasthan, which was SECI’s first allocation.
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