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• (Impact of power generated)- spower and skysolar

• Slides – India’s first Utility Scale Solar Project
- India’s first distributed Mw Scale Rooftop Solar Project Pan
- First Indian Energy Assets to be listed on NYSE, United States
- First Solar Green Bond out of India Listed on SGX
- India portfolio of Solar Assets in 24 states
• (CORPORATE VIDEO)- Nextera and enel at top
• Easy steps to go solar- (fill KYC form)
• Recent news- Shell,Greenko,SB,Renew,Skysolar
• News and awards(to press release)
 ABOUT US
• WHO WE ARE:
• We are a leading independent solar power producer in India. We
developed India’s first private utility scale solar project in 2009 and
have been at the forefront in the sector as a developer, constructor
and operator of utility scale, micro-grid and rooftop solar projects
since our inception in 2008. With our inhouse engineering,
procurement and construction expertise and advanced in-
house operations and maintenance capability, we manage the entire
development and operation process, providing low-cost solar power
solutions to customers throughout India. Our equity shares are listed
on the New York Stock Exchange under the symbol “AZRE.”
 WHAT WE PROVIDE
• We sell energy to government utilities and independent industrial and commercial customers at
predictable fixed prices. We offer integrated project development, EPC, financing, O&M services
without involving multiple third party services. We offer our Utility and Commercial & Industrial
customers reliable solar solutions, because of our vast experience as a solar power producer in
building high quality solar assets, while being socially responsible
VALUES, MISSION AND VISION
• Our Vision- To provide affordable solar power for generations
• Our Mission- To be the lowest cost producer in the world
• Values: The stewardship of Existence and Growth at Azure Power are marked through compelling
need for Innovation, Perfection, Truthfulness and by being Good Corporate Citizens. Our values
etch the fundamental beliefs and guiding principles that lay the foundation on which we perform
work and conduct ourselves.
 Entrepreneurship – We passionately challenge the status quo by encouraging bold thinking,
initiative taking, taking calculated risks and exploring unconventional ideas
 Excellence- To us, Exellence means standing out, striving for perfection in everything we do
 Honesty- Honesty to us means sincerity, integrity, loyalty and being fair and truthful
 Social Responsibility – We are commited to taking care of the society and environment through all
our actions
 Our History
Our leadership
Milestone
 2019- Surpassed 100 MW operating solar rooftop capacity
 2018- Surpassed 3 GW portfolio
 2018- Surpassed 1 GW operating capacity
 2018- Surpassed portfolio of over 200 MW under various stages across 24 states
 2017- Issued India’s first solar green bond
 2016- Surpassed 1 GW portfolio
 2016- India’s first company to be listed in NYSE
 2016- Received national award under category “Project Developers” for solar rooftop by MNRE
 2015- Developed first private project under JNNSM that provides electricity to Indo- Pak border outposts
 2015- Developed 100 MW project in Rajasthan, largest operating project under National Solar Mission at
commissioning
 2015- Developed first utility scale project in the state of Uttar Pradesh and Chhattisgarh
 2014- Developed North India’s largest private solar power project at commissioning
 2013- Developed India’s first distributed MW scale solar rooftop project
 2011- Developed India’s largest capacity at commissioning
 2009- Developed India’s first private utility scale solar project
 PROJECTS
• Our projects:
• We are the longest tenured utility scale solar power producer in India
and we believe we have the largest portfolio of operating projects
under the NSM and one of the largest portfolios of operating projects
in India. By entering the market first and growing in line with the
broader Indian solar opportunity, we have been able to develop a
track record that is unmatched.
• UTILITY PROJECTS
• COMMERCIAL PROJECTS
(project locator)
 SUSTAINABILITY(nextera and greenko)
Exxon, shell, Greenko, renewpower, skysolar
CEO’S LETTER
• FOR OUR ENVIRONMENT
• For our customers- Strong value proposition. We manage the entire development and operation process,
providing customers with long term fixed price PPAs in addition to high levels of availability and service.This
helps us win repeat business.
 Quality experience- Our integrated profile affords us greater control over project development, construction
and operation to deliver a hassle-free and quality experience to our customers
 Pay as you consume – We offer energy at predictable fixed prices. Our customers have to pay only for the
units that the solar plants generates and not worry about maintenance cost.
 No capital investment – You do not have to make any capital investment . We provide the capital, you get
green electricity.
 Save Energy Cost- Solar tariffs in most states in India are already at grid parity for commercial users. You can
realize savings from the first day of operations.

• For our employees

• For our community:
• Azure power believes community engagement and CSR activities is at the heart of
everything we do. We have designed all our activities by keeping in consideration
the important social and environmental needs. Azure Power believes in giving
back to the society by enhancing the livelihood of the rural communities and
transforming their lives. We conduct all the CSR programs and activities
consciously and responsibly at various rural locations for the benefit of diverse
rural sections of the society. We hire from local communities and generally lease
lands with few alternative uses, providing local communities with a stream of
discretionary cash flow without displacing alternative businesses. As a result, we
are able to build long term community relationships and create value for them
• OUR CSR FOCUS AREAS
Preventive health care and sanitation facilities in villages
Promoting education in village schools
Rural and slum area development projects
Ensuring environmental stability
• Sustainability report
 NEWSROOM
• Recent news
• NEWS
• AV LIBRARY
• MEDIA KIT
 CAREERS
• Nextera, spower,skysolar,renew,enel,shell
• We invite enterprising socially responsible individuals whose hallmark is to differentiate
themselves through sheer excellence and integrity. We look for professionals who
believe in simplicity, flexibility and reliability and can embrace the velocity of the rapidly
growing scenario in Renewable Energy Space. At Azure Power, we provide energetic
environment for you to learn, develop and grow with us.
• Working with Us
• We are committed to excellence in whatever we do and strive continually to improve.
We are passionate about achieving results that exceed expectations, by continuously
challenging and beating targets. We seek new opportunities and out-of-the-ordinary
solutions, support a culture that foster entrepreneurship, transparency, clear
communication, maintain employee and company ethics, and ensure employee health
and safety while being socially responsible.
• (know more – to life at azure)
• Testimonials from employees
CONTACT US
 UTILITY
• Our Approach
• VALUE ENGINEERING
• Our in-house EPC allows us to enhance our system design expertise with each successive project, be flexible with our choice of
technology and source from top-tier suppliers that optimizes both the system cost and power yield of the total solar block. We are
able to further negotiate pricing as we have built a well-recognized brand, strong supplier relationships and significant economies
of scale. As a result of our value engineering, we have seen a significant reduction in balance of system costs.
• OPERATIONAL PERFORMANCE MONITORING
• As the operator of the first utility scale solar power plant in India, we have been able to develop and improve on our operational
expertise with each successive project to enhance output per watt. We have an advanced tracking system that allows us to
manually track the sun’s seasonality by adjusting module angles multiple times per year specific to the location, thus increasing
the power yield at lower costs. Further, we operate a National Operating Control Center, or NOCC, that allows us to monitor
project performance in real-time and allows us to respond rapidly to potential generation anomalies. Feedback from our operating
projects also serves to further enhance our project designs, resulting in enhancements for current and new plants and further
reductions to our levelized cost of energy.
• FINANCIAL STRATEGY
• Our integrated business model also increases capital efficiency. We are able to offset project equity requirements through
economic benefits generated by our EPC and O&M businesses. Coupled with our asset financing strategy we are able to optimize
the overall cost of capital leading to enhanced economics for our customers and shareholders. To enable rapid operation of our
projects, we use short term credit facilities that are refinanced with long term project finance facilities. Our strong track record
and relationships with local banks offer us significant advantages when it comes to posting capital for bids.
 WHY SOLAR
• Peak power deficits and rising power prices
• India continues to be plagued by a persistent demand/supply mismatch with a six-year average energy deficit of approximately 5% according to the
Ministry of Power, which has resulted in upward pressure in power prices.
• Strong regulatory support
• In order to reduce dependence on energy imports and curtail the current trade deficit and the resulting impact on the rupee, the Indian government
has taken a number of steps to incentivize the use of renewable sources of energy. To provide further impetus to solar growth, the Indian government
launched the Jawaharlal Nehru National Solar Mission, or the NSM, in 2010.
• Solar positioned to win among alternatives
• India ranks among the highest irradiation-receiving countries in the world with more than 300 days of sunshine per year in much of the country. Solar
power generation is viable across most of India, unlike wind and hydro resources which are concentrated in specific regions. In addition, as solar
plants can be built near the point of consumption, power produced generally does not incur expensive transmission charges or require infrastructure
or transmission investments.
• Solar approaching parity
• State utilities have seen power costs rise as domestic coal shortages have caused thermal generators to increasingly rely on more expensive imported
fuels. An analysis of current tariffs in India indicates that solar power is now competitive with wind, new thermal capacity fueled by imported coal and
grid power tariffs for commercial users. Further, diesel power, the most common replacement power source for commercial and off-grid users in the
country, is far more expensive than solar power.
• Transparent solar auction process
• Indian solar auctions are conducted in a transparent manner that ensures bids meet minimum technical and financial criteria. Bidders must meet
requirements on project development and execution history in India or the regional market, including bidder experience in the development of similar
utility scale solar projects. Auctions are not winner-take-all; instead, they are constructed to ensure multiple high-quality developers are allotted
portions of the total capacity block.
 OUR STRENGTHS
• MARKET LEADERSHIP: We have a first mover advantage from the construction of India's first private utility scale solar
photovoltaic power plant in 2009 as well as the implementation of the first megawatt scale rooftop smart city initiative in
2013. Additionally, our strong track record in policy and project development across utility scale, commercial rooftop and
micro-grids projects has helped us gain a leading market share in India.
• RELIABLE AND SCALABLE:As the first developer and operator of utility scale solar assets in India, we believe that we are a
well-established brand that has grown alongside the rapidly growing Indian solar market since 2009. We have proven to be
a reliable developer with successful and expedient execution of our development pipeline. We believe we have become
one of the largest solar developers and operators in India.
• IN-HOUSE EPC AND O&M EXPERTISE:Our in-house EPC capabilities enhance our ability to be flexible with our choice of
technology, which allows us to choose high quality equipment while optimizing the combination of total solar project cost
and yield. Our in-house O&M capabilities maximize project yield and performance through proprietary system monitoring
and adjustments. With the continual innovation in our EPC and O&M capabilities, we are able to offer cost-efficient
solutions to all our customers.
• LONG TERM COMMUNITY SUPPORT:We partner with local communities when we embark on a new project. We hire from
local communities and generally lease land that has few alternative uses, providing local communities with a stream of
discretionary cash flow without displacing alternative businesses. As a result we are able to build long term community
relationships, which allows us to improve our time of completion. Economic development also drives local power demand.
• STRONG MANAGEMENT:Our strong management team has proven execution capabilities globally. Our senior leadership
team and board of directors include widely recognized experts in solar energy, energy finance and public policy, with track
records of building successful businesses.