Azure Power: rural solar mini-grids, India

Region
South Asia
Country
Sector
Last update
10/2022

Azure Power was founded in 2008 and is a leading independent sustainable energy solutions provider, and power producer in India.

They developed India's first private utility scale solar project in 2009 and since then, Azure Power has grown rapidly to become a leader in developing and operating renewable energy projects in the country.

Inclusive Business Model

Azure Power cultivates transparent and rewarding partnerships with their customers, communities, employees, suppliers, and shareholders. The approach to sustainability is integrated across the core business activities. Azure hires from local communities and generally leases land with few alternative uses, providing local communities with a steady stream of discretionary cash flow without displacing alternative businesses.

Impact

According to their own statements Azure created over 3000 local jobs. Their social investments reached more than 3 million beneficiaries.