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Azure Power Gets U.S. Grant for Indian Rural Solar Project

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March 27 (Bloomberg) -- Azure Power India Pvt., a developer of solar plants, won a grant from the U.S. Trade and Development Agency for a project aimed at helping to bring sun-based power to rural villages.

The $476,670 grant will fund microgrids powered by two 500-kilowatt photovoltaic plants in the states of Gujarat and Chhattisgarh, according to an e-mailed statement from Azure.

A microgrid helps deliver electricity locally to communities that don’t have access to grid power by setting up standalone generators, storage and distribution infrastructure nearby.

Azure plans to set up 100 microgrid solar systems to power as many as 1,000 villages, the company said.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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