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Azure Clean

Sector: Power Generation (CCGT) • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

The Project involves development of a 40MW solar power plant in the low income state of Rajasthan by Azure Power India Private Ltd (“Azure” or the “Sponsor”), an existing IFC client, through a wholly owned subsidiary called Azure Clean Energy Private Limited (the “Company”). The Company has been setup for the sole purpose of construction, operation, and maintenance of the 40 MW project and will no

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The project “Azure Clean” is an infrastructure initiative in the Power Generation (CCGT) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Description

Description

The Project involves development of a 40MW solar power plant in the low income state of Rajasthan by Azure Power India Private Ltd (“Azure” or the “Sponsor”), an existing IFC client, through a wholly owned subsidiary called Azure Clean Energy Private Limited (the “Company”). The Company has been setup for the sole purpose of construction, operation, and maintenance of the 40 MW project and will not have any other operations.The Project is expected to be commissioned by 28th April2015. The off-taker will be Solar Energy Corporation of India (“SECI”), a Government of India entity. The Company plans to sign the Engineering, Procurement and Construction (“EPC”) and Operations and Maintenance (O&M”) agreements for the Project with Azure.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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