Azure Power refinances its 600 MWs ISTS connected solar proj

Azure Power refinances its 600 MWs ISTS connected solar project at the lowest rate of interest in its portfolio to date

New Delhi [India], February 22 (ANI/PRNewswire): Azure Power, a leading independent sustainable energy solutions provider and power producer in India, today announced successful refinancing of its existing project finance facility of INR 23.50 billion (~USD 313 million) utilized towards construction of its largest project - 600 MWs Interstate Transmission System (ISTS) connected solar project implemented by Azure Power Forty Three Pvt Ltd, a Special Purpose Vehicle (SPV).

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