NEW DELHI : Azure Power (NYSE: AZRE) announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 (~US 3.6 cents) per kWh. The project is part of […]
Azure Power Rating – Buy: Ebitda in Q1FY22 Was 8% Above Estimate – EQ Mag Pro
TP reduced to $44 given lower tariffs, project delays; firm best placed to leverage RE story; ‘Buy’ maintained Azure Power’s (Azure’s) Q1FY22 revenues rose 15% y-o-y and Ebitda rose 14% y-o-y to Rs 3.7 bn, 8% above expectations. 62-MW capability has been added in the quarter and plans to achieve 3 GW by finish FY22e […]
Azure Power Announces Results for Fiscal First Quarter 2022 – EQ Mag Pro
Ebene, August 30, 2021: Azure Power Global Limited (NYSE: AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal first quarter 2022 ended June 30, 2021. Fiscal First Quarter 2022 ended June 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,052 […]
Ayana Power, Azure Power And NTPC Emerge As Lowest Bidders For SECI’s Hybrid Project – EQ Mag Pro
The discovered tariff of Rs 2.34 was lower than what the renewable energy industry was initially anticipating. Most of the bids by ReNew Power, Hero Future Energies, Adani Green, and AMP energy came in at Rs 2.40 or higher. New Delhi: Ayana Power, Azure Power, and state-owned NTPC Limited emerged as the lowest bidders in […]
APTEL Denies Tariff Cut for a Delayed Solar Project, Allows Recovery of Liquidated Damages
APTEL Denies Tariff Cut for a Delayed Solar Project, Allows Recovery of Liquidated Damages. For more information please see below link:
Fitch Rates Azure Power’s Proposed Notes BB-Plus
Singapore : Fitch Ratings has assigned Azure Power Energy Ltd’s (APEL’s) proposed five-year partially amortising US-dollar senior secured notes due 2026 an expected rating of BB-plus. The outlook is stable, it said. APEL is a subsidiary of Azure Power Global Ltd (APGL). The net proceeds will be used to refinance APEL’s USD500 million notes due […]
Azure Power Announces Results for Fiscal Fourth Quarter 2021
Ebene: Azure Power Global Limited (NYSE: AZRE), a leading independent renewable power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021. Fiscal Fourth Quarter 2021 Period Ended March 31, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 1,990 […]
Azure Power Wins Solar Award- ‘Project Developer of The Year 2020-21 Diamond’
Azure Power Global Limited (Azure Power) receives ‘Project Developer of the year 2020-21 Diamond’ at EQ E-Award Show May 2021. EQ organized India Solar Awards 2021, powered by EQ iSearch on May 26, 2021. The award function was conducted for the solar industry of India based on the achievements of 2020-21. Azure Power shared this […]
Webinar: ‘How to Generate Carbon Credits From RE & Other Types of Projects’
EQ presented a webinar on How to Generate Carbon Credits From RE & Other Types of Projects on May 20, 2021. The speakers discussed carbon credits, energy efficient cookstoves integrated waste management and nature based solutions. Manish Dabkara, CMD & CEO – EnKing International (EKI Energy Services Ltd.) participated as moderator. The other speakers were […]
Petition of Azure Power Thirty Four for GST Compensation Dismissed by Maharashtra Commission
Seeking Compensation Due to Increase in Costs on Account of Change in Rate of Goods & Services Tax. For more information please see below link: