World Bank-Backed Azure Starts Up Solar-Power Plant in India
This article is for subscribers only.
Azure Power, an Indian developer of solar power plants backed by the World Bank, has started running a 5-megawatt project in western India.
The state government of Gujarat will buy power from the plant under a 25-year power purchase agreement, the New Delhi-based company said in an e-mailed statement. The International Finance Corp., the private-sector financing arm of the World Bank, is an investor in the project.