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Azure Power Ties Up $470 Million Funding For Projects
07 Nov 2016, 09:38 PM IST i


Azure Power said it intends to use the proceeds to continue development of solar power plants in India.
New Delhi: Solar energy firm Azure Power on Monday announced that it has tied up approximately $470 million financing for its projects to be commissioned in 2017.
"This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power's cumulative financial commitment to the solar sector in India has crossed over $1 billion," Azure Power said in a release.
The company tied up approximately $309...
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