It is learnt that, Azure Power has received the letter of award (LOA) for its first wind project, 120 MW ISTS with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. The project is part of the 1,200 MW ISTS Tranche – XI. The project shall be constructed in Karnataka, within a period of 18 months from the signing of Power Purchase Agreement (PPA).