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ADB to invest USD 50 mn in solar project developer Avaada

Asian Development Bank (ADB) Tuesday said it has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB’s Ordinary Capital Resources and Leading Asia’s Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided […]

Gensol Engineering appoints Kapil Nirmal as CEO of West Asia business -EQ