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 […]
Avaada Energy bags 1,050 MWp solar project – EQ
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 […]
Avaada Energy inks Rs 4,471-cr refinancing pact with NaBFID for four solar projects in Rajasthan – EQ
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 […]