Azure Power

About Azure Power

Azure Power is a leading independent sustainable energy solutions provider and power producer in India. The company focuses on developing and operating renewable energy projects, primarily solar energy, to create value for all stakeholders and displace 230 million tons of global emissions by 2030. Azure Power serves a diverse range of clients, including government entities and commercial enterprises, within the Indian renewable energy market. The business model revolves around building and operating large-scale solar projects and selling the generated power through long-term power purchase agreements (PPAs) with distribution companies (DISCOMs). Revenue is generated from the sale of electricity produced by these renewable energy assets. Azure Power aims to be the lowest-cost producer of solar energy electricity in the world, leveraging its extensive experience and scale to achieve this goal.