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 – EQ
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 […]
Avaada secures $2.44 billion from REC for energy transition projects – EQ Mag
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 […]
Avaada wins 280-MW solar project from RUVNL – EQ Mag
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 […]
Avaada raises $1-bn from Brookfield for manufacturing of green hydrogen, solar modules – EQ Mag
This is part of its US$ 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 […]
AVAADA Issues Tender for EOI of Solar Cells and Modules Manufacturing – EQ Mag Pro
The energy IPP company announces plans of solar cell and module manufacturing for 5GW capacity. Avaada Group, in an ‘Expression of Interest’ issued a tender for cell and module manufacturing for 5GW capacity. The tender calls for suppliers of aluminum frames, ribbons, EVA backsheet and glass. Annual requirement (Tentative): Aluminum Frames: 20kT Ribbons: 2.3 kT […]
Avaada sponsors Parth Upadhyaya from Maharashtra in scaling peak ‘Annapurna-I.’
Avaada Energy has sponsored Parth Upadhyaya, a 25-year-old professional mountaineer from Mumbai who is all set to climb ‘Annapurna-I.’ Mumbai: Millions of people worldwide have dreams to fulfill – and many of these people are young. Avaada Energy gives young people an opportunity to nurture their talent and achieve their goals because today’s youth represent […]
Leading telecom giant Bharti Airtel acquires an 8.53% stake in Avaada MHBhuldhana Pvt. Ltd.
Mumbai : Bharti Airtel, one of India’s largest telecom companies, joined hands with Avaada Energy and acquired an 8.53% stake in Avaada MHbuldhana Pvt. Ltd. to source 21.32 MW (DC) of Solar Power from Avaada MH Buldhana under the group-captive arrangement and thereby reduce its carbon footprints. Avaada Energy, one of the leading Independent Power […]
Bharti Airtel to acquire 5.2 pc stake in Avaada MHBuldhana for Rs 4.55 cr
Avaada MHBuldhana Private Limited is a newly-formed company and developing a captive generating solar power plant in Maharashtra which will become operational by March 2021. AEPL has developed a portfolio of over 1 gigawatt solar and wind projects across the country and the first independent power producer to cross 1 GW installed capacity milestone in […]
Sungrow Signed a 650 MW Strategic Cooperation Agreement with Avaada
New Delhi, India: Sungrow, the global leading inverter solution supplier for renewables, signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming PV projects in 2020, demonstrating the Company’s continued efforts on minimize LCOE for solar projects in India. Avaada Energy, one of the leading Independent Power Producers […]