Azure Power India Private Limited has achieved financial closure for the 200 MW Bhadla Solar Park-Phase IV Project. It has concluded a financing deal of Rs 6 billion for the 200 MW capacity. The project was awarded to the company in December 2017.
The project is expected to commission in the year 2019.
Azure Power India Private Limited is implementing the 200 MW Bhadla Solar Park-Phase IV at Rajasthans Bhadla Solar Park. The project is being implemented under Phase-II, Batch-IV of Jawaharlal Nehru National Solar Mission (JNNSM) on built, own, operate (BOO) basis under the viability gap funding (VGF) scheme of the government.