PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer Avaada Energy Private Limited. PROPARCO provides funding and support to both businesses and financial institutions across Africa, Asia, Latin America, and the Middle-East and seeks to partner with projects in key development […]
Avaada Energy implementing 2GW of open access solar plants
The company has over 500 MW of open access solar plants portfolio, one of the largest in India. Leading corporates, MNCs, IT and manufacturing giants are among its client base The company has over 1.8 GW of commissioned renewable assets in India till date Mumbai: Avaada Energy, one of the leading Independent Power Producers (IPP) […]