In Short : Avaada Group acknowledges that execution challenges—such as land acquisition delays, clearances, and transmission constraints—persist across all Indian states. However, the company is increasingly optimistic about Maharashtra due to its stronger policy stability, improved grid infrastructure, and rising industrial demand for clean energy. Avaada expects Maharashtra to emerge as a major renewable energy […]
In Short : Avaada has commissioned 11 solar power plants in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana. Designed to supply farmers with reliable daytime electricity, the projects will reduce dependence on conventional energy while promoting affordability. This initiative supports Maharashtra’s renewable energy targets, enhances agricultural productivity, and contributes to a cleaner, more sustainable […]
In Short : Avaada Group has pledged an investment of ₹20,700 crore to boost Odisha’s green energy sector. The funds will support renewable energy projects, including solar and green hydrogen initiatives, driving the state’s transition to clean power. This commitment aligns with India’s sustainability goals, fostering economic growth and energy security in the region. In […]
In Short : Avaada has invested ₹13,650 crore in a solar plant in Nagpur, marking a significant step in expanding renewable energy capacity in India. This project aims to enhance sustainable energy production and contribute to the country’s clean energy goals. The investment underscores Avaada’s commitment to promoting green technologies and supporting the transition to […]
In Short – Avaada Energy secures 1,050 MWp solar project. Major step forward in renewable energy sector, bolstering sustainability efforts. Impactful contribution towards cleaner, greener future. In Details – Avaada Energy on Thursday said it has secured a solar project of 1,050 MWp (megawatt peak) through a bidding process. The auction was conducted by NTPC […]
In Short – Avaada Energy seals Rs 4,471-cr refinancing pact with NaBFID for Rajasthan’s four solar projects, fortifying its commitment to renewable energy expansion, enhancing financial stability, and accelerating India’s transition towards sustainable power sources. In Details – New Delhi, Avaada Energy on Thursday said it closed a refinancing deal of Rs 4,471 crore with […]
Thailand Dy PM lauds work at AVAADA solar plant in Bikaner In Short- Thailand’s Deputy Prime Minister praises the commendable efforts at the AVAADA solar plant in Bikaner, acknowledging the noteworthy work undertaken in the renewable energy sector. In Details– Thailand’s Dy PM Paranpri Bahidha-Nukara during his visit to Bikaner had special conversation with First […]
State-owned power finance company Rural Electrification Corp. (REC) signed a memorandum of understanding with renewable energy provider Avaada to support Avaada’s energy transition ventures with an investment of Rs 20,000 crore. The MoU was signed on the sidelines of the 4th meeting of the G20 Energy Transition Working Group (ETWG) in Goa. Avaada will utilize […]
Mumbai : Avaada Energy, an arm of Avaada Group – India’s leading integrated energy group with business interests in Renewable Power Generation, Solar Module Manufacturing, Electrolyser manufacturing and Green Ammonia production, will set up a state transmission utility (STU)-connected solar PV power project in Rajasthan. It has won the 280 MW (DC) project under Rajasthan […]
This is part of its US$ 1.3 bn fund raise plan MUMBAI, India : Avaada Group today announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition […]