In Short : Azure Power has successfully secured Renewable Energy Certificates (RECs) and refinancing from HSBC, enabling it to strengthen its financial position. Additionally, the company has completed an early prepayment of its bonds, enhancing its liquidity and reducing debt obligations. These moves are part of Azure Power’s strategy to optimize its financial structure and […]
Azure Power to prepay green bonds worth $310 mn maturing in December – EQ
In Short : Azure Power plans to prepay $310 million in green bonds, which were set to mature in December. This move reflects the company’s commitment to financial discipline and strengthens its position in the renewable energy sector. The green bonds, originally issued to fund clean energy projects, will be settled ahead of schedule as […]
Azure Power appoints Chairman of the Board of Directors – EQ
In Short – Azure Power appoints a new Chairman to lead its Board of Directors, signaling a strategic move to steer the company towards its renewable energy goals. The appointment underscores Azure Power’s commitment to effective governance and sustainable growth in the renewable energy sector. With the new leadership, the company is poised to navigate […]
Azure Power announces change in Board of Directors – EQ
In Short : Azure Power discloses a change in its Board of Directors, signifying strategic shifts or updates within the company’s leadership structure, likely aimed at enhancing governance and steering the organization towards its objectives. In Detail : GURUGRAM, India : Azure Power Global Limited (the “Company” or “Azure”), an independent sustainable energy solutions provider […]
Azure Power Receives NYSE’s Grant of Extension Regarding Delayed Filing of 2022 Annual Report – EQ Mag
NEW DELHI : Azure Power Global Limited (NYSE: AZRE) (“Azure” or the “Company”) today announced that it received a letter from the New York Stock Exchange (the “NYSE”) on February 14, 2023, notifying that the NYSE’s Listings Operations Committee agreed to provide the Company with an additional trading period through July 15, 2023, subject to […]
Azure Power wins the prestigious Golden Peacock Award for Sustainability – EQMagPro
NEW DELHI : Azure Power (NYSE: AZRE) (“Azure” or “the Company”), a leading sustainable energy solutions provider and renewable power producer in India announced that it has been awarded the prestigious Golden Peacock Award for Sustainability for the year 2022, by the Awards Jury under the Chairmanship of Hon’ble Justice M. N. Venkatachaliah, former Chief […]
Azure Power Announces Results of the 2022 Annual Meeting of Shareholders – EQ Mag Pro
NEW DELHI : Azure Power Global Limited (the “Company” or “Azure Power”) (NYSE: AZRE), a leading sustainable energy solutions provider and renewable power producer in India, announced that it held its 2022 Annual Meeting of Shareholders on September 30, 2022 at its New Delhi office. Each of the proposals submitted for shareholder approval was approved. […]
Azure Power Announces Appointment of Shweta Srivastava as Chief Human Resource Officer – EQ Mag Pro
NEW DELHI : Azure Power (NYSE: AZRE) (“Azure” or “the Company”), a leading sustainable energy solutions provider and renewable power producer in India, announced Ms. Shweta Srivastava as its Chief Human Resource Officer (CHRO). In her new role, Shweta will be responsible for leading human resource strategy in support of the overall business plan and […]
Azure Power Signs Agreement for 600 MW of First Solar’s High-Performance Modules – EQ Mag Pro
Azure Power signs on as launch customer for modules made in India by First Solar NEW DELHI, India, and TEMPE, Ariz. : Azure Power Global Limited (NYSE: AZRE) (“Azure Power”), a leading independent sustainable energy solutions provider and renewable power producer in India, announced that it has entered into an agreement for 600 megawatts (MW)DC […]
Azure Power: Announced the Appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer (“CEO”). Mr. Agarwal Takes Over from Mr. Harsh Shah Who Has Resigned as CEO with Immediate Effect – EQ Mag Pro
NEW DELHI : Azure Power Global Limited (NYSE: AZRE) (“Azure” or the “Company”) today announced the appointment of Mr. Rupesh Agarwal as its Acting Chief Executive Officer (“CEO”). Mr. Agarwal takes over from Mr. Harsh Shah who has resigned as CEO with immediate effect. The Board will consider appointment of a new permanent CEO in […]