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Azure Power India Private Limited

Azure Power ( NYSE: AZRE) is a leading independent sustainable energy solutions provider, and
power producer in India on a mission to create value for all stakeholders through high-
performance Renewable Energy assets to displace 230 million tons of global emissions by 2030.

We developed India's first 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. We have substantially reduced our total project cost, which includes a significant
reduction in balance of systems costs due in part to our value engineering, design, and
procurement efforts.

Azure Power is backed by several global marquee institutional and public investors like Caisse
de dépôt et placement du Québec (CDPQ) and OMERS Infrastructure. Earlier in our journey, we
also had marquee investment from development institutions like International Finance
Corporation (IFC), Société de Promotion et de Participation pour la Coopération Économique
(PROPARCO), and Netherlands Development Finance Company (FMO). We have the proud
privilege of being the first Indian energy asset to be listed on the New York Stock Exchange
(NYSE), and list the first solar green bond out of India on the Singapore Stock Exchange (SGX).

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