Azure power, is one of the leading independent solar power manufacturers in India.
The company declared that it has won 11.35megawatts (MWs) solar rooftop power project. It is the biggest allocation for this auction, accounting almost 60% of the total.
The company will sign an agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India.
The solar rooftops will be established in 152 schools across 6 states in India, like Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka, Kerala and Chhattisgarh.
The company qualified for a capital incentive from the N V Samiti, which is expected to result in a weightage average levelized tariff of INR 4.97 per kWh.