1

Azure Power

#6776

Rank

$103.3M

Marketcap

IN India

Country

Azure Power
Leadership team

Mr. Pawan Kumar Agrawal C.F.A. (Chief Financial Officer)

Mr. Sumit Barat (Chief Sustainability Officer)

Mr. Rupesh Agarwal (Acting CEO, Chief Strategy & Commercial Officer)

Products/ Services
Energy, Renewable Energy, Solar
Number of Employees
100 - 500
Headquarters
New Delhi, Delhi, India
Established
2008
Company Registration
SEC CIK number: 0001633438
Revenue
100M - 500M
Traded as
AZRE
Social Media
Overview
Location
Summary
Azure Power Global Limited operates as independent sustainable energy solutions provider and power producer in India. It builds and operates grid-scale solar, wind, and hybrid projects; and supplies generated renewable power to government utilities, and independent industrial and commercial customers on long term fixed price contracts. It has total renewable energy portfolio of approximately 7.4 GWs of which approximately 2.9 GWs operational capacity and 4.5 GWs of capacity under construction and in the pipeline. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
History

The company was founded by Inderpreet Wadhwa in 2008. Azure Power’s 2 MW Punjab facility was the first utility-scale solar power plant in India in 2009. The project provides electricity to 32 villages 20,000 people in Awan, Punjab. Azure Power has raised capital from investors like Foundation Capital, Helion Ventures, IFC and German development bank DEG. The company's largest shareholder is Caisse de dépôt et placement du Québec , which owns over 50% of the shares outstanding. Azure Power has a total capacity of over 7 GW across.

Mission
To enable and accelerate the metamorphosis of India’s energy landscape, with a focus on solar energy.
Vision
To offer our customers efficient, reliable and environmentally sustainable energy solutions.
Key Team

Mr. Vikas Bansal (Head of Investor Relations)

Ms. Akriti Gandotra (Head of Legal)

Ms. Samitla Subba (VP of Corp. Affairs of Policy & Communications and Head of Policy & Communications)

Ms. Shweta Srivastava (Chief Human Resource Officer)

Mr. Preet Sandhu (Exec. VP and Head of Land, Corp. Operations & Rooftop Bus. Units)

Mr. Gaurang Sethi (VP & Head of Bidding)

Mr. Kuldeep Jain (Sr. VP of Project Devel. & Construction and Head of Construction)

Recognition and Awards
Azure Power has won multiple awards and recognition from various esteemed organizations. These include Deloitte Technology Fast 50 India, Bloomberg New Energy Pioneer Award, CNBC Awaaz Emerging India Award, among others.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Azure Power
Leadership team

Mr. Pawan Kumar Agrawal C.F.A. (Chief Financial Officer)

Mr. Sumit Barat (Chief Sustainability Officer)

Mr. Rupesh Agarwal (Acting CEO, Chief Strategy & Commercial Officer)

Products/ Services
Energy, Renewable Energy, Solar
Number of Employees
100 - 500
Headquarters
New Delhi, Delhi, India
Established
2008
Company Registration
SEC CIK number: 0001633438
Revenue
100M - 500M
Traded as
AZRE
Social Media