Azure Power (NYSE: AZRE), one of India's leading independent solar power producers, announced it has signed a record 415 PPAs for a portion of the 11.2 MW rooftop solar power project won last month for Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) in which the company won ~90% of the total project sites allocated.

Various Government colleges, engineering colleges, polytechnics, Industrial Training Institutes (ITIs) and universities gathered in Bhopal for the signing ceremony. Several dignitaries attended the ceremony including Vijendra Singh Sisodiya, Chairman, MP Urja Vikas Nigam; Manu Srivastava, Principal Secretary, New and Renewable Energy Department; Neeraj Mandloi, Principal Secretary, Higher Education Department; Dr Sanjay Goyal, MD, MP Madhya Kshetra Vidyut Vitaran Company; and Ajit Kumar, Commissioner, Higher Education Department.

Speaking on this occasion, Mr Vishal Jain, DGM, Azure Roof Power said "Our sincere gratitude to MPUVNL for all the cooperation and support extended. We are glad to contribute towards the expansion of solar by the Government of Madhya Pradesh."

Manu Srivastava, Principal Secretary, New and Renewable Energy Department, said "We are glad to partner with Azure Power in meeting the country's renewable energy obligations. This step is an expression of commitment of the Madhya Pradesh Government towards renewable energy and its commitment to the improvement of educational institutions in the state."

Azure Power | www.azurepower.com