Azure Power Announces Results for Fiscal Third Quarter 2021
EBENE, Mauritius, Feb. 10, 2021 /PRNewswire/ Azure Power Global Limited (NYSE: AZRE), a leading independent solar power producer in India, today announced its consolidated results under United States Generally Accepted Accounting Principles ( GAAP ) for the fiscal third quarter 2021, period ended December 31, 2020.
Fiscal Third Quarter 2021 Period Ended December 31, 2020 Operating Highlights:
Operating Megawatts ( MW ) were 1,987 MWs, as of December 31, 2020, an increase of 10.0% over December 31, 2019. Operating and committed megawatts were 7,115 MWs, as of December 31, 2020, an increase of 34.2% over December 31, 2019. Committed megawatts include 4,000 MWs for which we have received Letters of Award ( LOA ) but the Power Purchase Agreements ( PPAs ) have not yet been signed.