Azure Power
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Azure Power

https://www.azurepower.com/
Last activity: 24.04.2024
Categories: GrowthITLocalResearchServiceConstructionDesignEnergyTechEngineeringFinTech
Azure Power is India’s leading independent solar power producer and offers clean and affordable solar energy to its customers with zero upfront cost and operational expenses. Azure Power’s vision is to prove that solar energy is the most affordable and reliable power generation source for forward-thinking power consumers. The basic purpose of Azure Power is to be the lowest cost producer of solar power in the world. By providing solar energy as a service, Azure Power manages the entire project process for its customers, reduces costs of generating electricity, and provides long term predictable pricing. Azure Power has several projects operating under various policies for grid connected, rooftops and off-grid systems in the country and has invested significant capital in its operating facilities in India. Azure Power's team has decades of experience building industry-leading companies, executing complex infrastructure projects, and financing high-growth enterprises. From concept to fully-functioning power plant, we have completed the fastest construction of a private utility-scale solar power plant in India. Azure Power has continuously demonstrated its cost leadership and continuous push towards grid parity for solar power in India. Azure Power has one of the largest portfolio of operating solar projects with a strong pipeline and hence continues to demonstrate its commitment to inclusive growth through clean energy generation for grid connected, rooftop and off-grid initiatives pan India. Azure Power has created a historic first success for private investment in renewable solar power generation in India. Azure Power enables sustainable economic growth fuelled by clean solar power for its customers. Azure Power’s plants are generally situated on community land that generates income and more reliable power for the local community. Azure Power’s unmatched world-class execution capabilities and experience makes it the best proposition for customers. We design, finance, execute, operate, and maintain high quality solar power plants. Our vision, global approach and research helps us in delivering world class solutions with high degree of innovation and quality. We rely on cutting-edge technologies to provide our customers the highest degree of quality standards. This helps us in raising the bar, both for ourselves and the solar industry. Additionally, we offer the following services: - Design, engineering and construction of grid integrated solar installations - Off grid solar installations for villages, hamlets and remote areas - Turnkey solar installations for commercial and residential complexes on roof tops, as back up and alternate source. - Operation & maintenance of solar installations Our USPs - Credentials: Azure Power has a project operating under every major policy in the country. It has the longest operating history of solar power plants across various states in India. - Affordable: Through continous research and development, Azure Power has outperformed the market and brought down cost of energy by 54.15% during the period “2010-2012”. - Reliable: A blend of technology and highly experienced Operations and Maintenance team ensures flawless operation of the installed systems. Our existing plants have continuously demonstrated an uptime of 99.9%. - Scalable: Our solar systems are easily extendable. As the requirement for clean and reliable power grows, we will expand the production of solar energy.
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Location: India, Delhi
Employees: 501-1000
Total raised: $145M
Founded date: 2008
Founders name: Nupur Arora

Investors 3

Funding Rounds 2

DateSeriesAmountInvestors
01.06.2018-$135MIFC Ventur...
22.03.2010-$10M-

Persons 1

DateFirst NameLast NameTitleLinkedIn
-NupurAroraExecutive ...linkedin.c...

Mentions in press and media 37

DateTitleDescriptionSource
24.04.2024India installs record 6.2GW of solar PV in March 2024-pv-tech.or...
23.04.2024Karnataka, Gujarat continue to lead country's clean energy t...-business-s...
19.04.2024Uttar Pradesh govt looks to utilise water bodies for floatin...-business-s...
08.04.2024India Aims for 100 GW Nuclear Power by 2047POWER & RENEWABLE ENERGY India Aims for 100 GW Nuclear Power by 2047 08 Apr 2024 3 Min Read CW T...constructi...
07.04.2024India's Coal Conundrum: Balancing Power Demand and Environme...India's reliance on coal for meeting summer power demand raises environmental concerns, despite adva...parsers.vc...
05.04.2024India's Coal Dependence for Summer Power DemandCOAL & MINING India's Coal Dependence for Summer Power Demand 05 Apr 2024 2 Min Read CW Team Ind...constructi...
05.04.2024India's Heavy Reliance on Coal to Meet Summer Peak Power Dem...COAL & MINING India's Heavy Reliance on Coal to Meet Summer Peak Power Demand 05 Apr 2024 2 Min ...constructi...
02.04.2024India's Robust Growth in Solar Manufacturing CapacityPOWER & RENEWABLE ENERGY India's Robust Growth in Solar Manufacturing Capacity 02 Apr 2024 2 Min...constructi...
26.03.2024India’s role in global solar manufacturing in terawatt era-pv-tech.or...
20.03.2024Maharashtra Plans Solar Power Mandate for Mega TownshipsPOWER & RENEWABLE ENERGY Maharashtra Plans Solar Power Mandate for Mega Townships 20 Mar 2024 2 ...constructi...
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