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Verified employee & interview reviews
New Delhi
Azure Power Global Limited is a prominent independent sustainable energy solutions provider and renewable power producer based in India. Founded in 2008 by Inderpreet Wadhwa, the company has established itself as a pioneer in the Indian solar energy sector, notably developing India's first utility-scale private grid-connected solar project in 2009 in Awan, Punjab. Headquartered in New Delhi, with corporate offices in Gurugram, Haryana, Azure Power operates primarily within the electric power generation, transmission, and distribution industry, specifically focusing on grid-scale solar, wind, and hybrid projects. The core operations of Azure Power involve the development, construction, ownership, and operation of large-scale renewable energy assets. The company supplies the generated clean electricity to state and central government utilities, as well as independent industrial and commercial customers, under long-term fixed-price Power Purchase Agreements (PPAs) that typically span up to 25 years. This model provides long-term revenue visibility and predictable cash flows while offering energy solutions that are often at or below prevailing alternative power prices for its consumers. Azure Power boasts a robust pan-India portfolio exceeding 7.4 GW of high-quality renewable energy capacity, with over 3 GW actively operational and the remainder under construction or in various stages of pipeline development across more than 15 Indian states. Prominent among its installations is a 600 MW solar power project in Bikaner, Rajasthan, which stands as the largest single-site solar power project owned and operated by an individual developer in India. Geographically, its largest capacity installations are located in Rajasthan, followed by significant footprints in Gujarat, Karnataka, Punjab, and Andhra Pradesh. Financially, Azure Power has engaged with international capital markets, listing its shares on the New York Stock Exchange (NYSE) under the ticker AZRE, enabling engagement with international institutional investors and global financial institutions. The company is heavily backed by major global asset management firms, with Caisse de dépôt et placement du Québec (CDPQ) serving as its largest shareholder, owning a majority stake alongside OMERS Infrastructure. Over its journey, the group has secured funding from prominent development institutions including the International Finance Corporation (IFC), PROPARCO, and the German development bank DEG. The company employs a skilled workforce of over 500 personnel across engineering, operations, finance, and corporate functions. Organizationally, Azure Power is led by Chief Executive Officer Sunil Gupta, alongside COO R Narasimhan Iyer and Group CFO Sugata Sircar. Dedicated to supporting India’s long-term energy transition and net-zero goals, Azure Power integrates extensive regional knowledge and engineering expertise to deliver clean, reliable, and affordable utility-scale energy solutions nationwide.
Anonymous Employee
Employee review
Good benefits, reasonable hours, and a lot of room to learn.
Pros
Cons
Tejasvi Hooda
Employee review
Good benefits, reasonable hours, and a lot of room to learn.
Pros
Anonymous Employee
Employee review
Good benefits, reasonable hours, and a lot of room to learn.
Pros
Cons