To accomplish the task of requesting a static IP address, you must first download and install the Windows Azure Powershell. This is done via the Microsoft Web Platform Installer.
After the installation of the Azure Powershell, run the application.
Login to your Azure account with the command
This will open a windows login dialog that will allow you to enter your credentials.
The output will look similar to below.
Enter your subscription name and then ENTER:
Type the Command
get-azurevm -ServiceName (Cloudname) -Name (VM name) | Set-AzurePublicIP -PublicIPName (Public IP)| Update-AzureVM