Developed under the JNNSM Phase-2 Batch I, the facility is considered to be the largest solar power plant under the government’s ‘Make in India’ initiative, as equipment for 60MWs has been made by local companies.
New and Renewable Energy Ministry joint secretary Tarun Kapoor said: "The success of the National Solar Mission largely depends on developers like Azure Power."
Power generated from the project will be supplied to Solar Energy Corporation of India under a 25-year agreement.
Azure Power CEO Inderpreet Wadhwa said: "This is the largest capacity project under the NSM Phase-2, where the power is being sold to Solar Energy Corporation of India (SECI) at INR 5.45 /KWhr with Viability Gap Funding.
"This is almost a 70% reduction in price of solar power since our first project in 2009 and we are pleased to make this contribution towards attaining grid parity for solar power."
Launched by the Indian Government in 2010, the JNNSM involves, among others, development of 1250MW of solar power projects over three tranches of 150MW, 350MW and 750MW.
