Azure Power inaugurated a 28MW solar power plant in Killianwali village of Muktsar district, Punjab. Simultaneously, the Foundation Stone for a 150MW solar project was laid in the same village. The newly operational solar plant was commissioned in a record period of under ten months from the signing of the Power Purchase Agreement.
With a combined investment value of INR 1,000 crore, these two plants will generate power to meet the electricity requirements of the nearby villages. The tariffs for these plants range from INR 5.62 to 7.33 kWh. Apart from electrifying vicinity, these plants are expected to create employment opportunities for an estimated 1000 local workers.
Commenting at the inauguration Inderpreet Wadhwa, Founder and Chief Executive Officer, Azure Power stated "We are delighted to make this contribution towards realization of our Honorable Prime Minister's commitment towards clean and green energy, through solar power generation. Our sincere gratitude to the Hon'ble Deputy Chief Minister and the State of Punjab, for all the cooperation and support extended."
Commenting on the occasion, the Deputy Chief Minister said, "It is to the credit of developers like Azure Power that Punjab has succeeded in being a front-runner in solar generation. Azure Power's contribution will be instrumental in achieving the State's renewable energy generation targets."