Azure Power: Operational and financial Update
EBENE, Mauritius, Dec. 27, 2021 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE) (the "Company"), a leading independent renewable power producer in India, today announced certain operational and financial updates in connection with the Rights Offering that was also announced today.
- EBENE, Mauritius, Dec. 27, 2021 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE) (the "Company"), a leading independent renewable power producer in India, today announced certain operational and financial updates in connection with the Rights Offering that was also announced today.
- The Company further received LOA for 200 MWs solar wind hybrid project from Maharashtra State Electricity Distribution Co. Limited (MSEDCL).
- The Company is evaluating, and is in preliminary discussions, with sellers of renewable energy assets in India that would complement its current portfolio.
- The Company's strategy is to continue to build shareholder value and to evaluate acquisition opportunities that satisfy criteria of value accretive returns.