Azure Power has signed power purchase agreements for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects.
The projects will be constructed in Rajasthan for which connectivity approval is in place and land is under acquisition. Azure Power will supply power for 25 years at a fixed tariff of Rs 2.54 per kWh. As per the agreement, the projects are expected to commission in third quarter of 2023-24.