In Short : Avaada Energy has successfully completed a ₹597 crore refinancing deal for its solar projects. This funding aims to enhance the company’s financial flexibility and support the expansion of its renewable energy initiatives. The refinancing is expected to strengthen Avaada’s position in the solar sector, facilitating further growth and contributions to sustainable energy […]
Avaada Energy gets 820 MW hybrid project from SJVN – EQ
In Short : Avaada Energy has been awarded an 820 MW hybrid renewable energy project by SJVN. This project includes both wind and solar power, contributing to diversified renewable energy generation and advancing India’s clean energy initiatives. In Detail : Vineet Mittal, Chairman of Avaada Group, said, “This win strengthens our portfolio and underscores our […]
Avaada Energy secures Rs 315 crore finance for captive solar project in Karnataka – EQ
In Short : Avaada Energy has secured Rs 315 crore in financing for a captive solar project in Karnataka. This funding will support the development of the solar facility, contributing to the region’s renewable energy capacity and promoting sustainable power solutions. In Detail : Avaada Energy on Wednesday said it has secured Rs 315 crore […]
Avaada Energy secures Rs 1,190 crore loan from SBI for solar project – EQ
In Short : “Avaada Energy secures a Rs 1,190 crore loan from SBI for its solar project, bolstering the expansion of renewable energy infrastructure and supporting India’s clean energy objectives.” In Detail : The financing, sanctioned and disbursed as a 20-year project loan facility, will support the development of a 400 MWp utility-scale solar PV […]
Avaada Energy bags 250 MW solar-wind project in NTPC auction – EQ
In Short – Avaada Energy secures a 250 MW solar-wind project in an NTPC auction, further bolstering India’s renewable energy portfolio. This milestone highlights the increasing competitiveness and attractiveness of hybrid energy solutions, driving sustainable development and advancing the nation’s clean energy objectives. In Details – Avaada Energy on Wednesday announced that it has […]
Avaada Energy secures 1,400 MW solar projects across India – EQ
In Short : Avaada Energy has successfully secured 1,400 MW of solar projects across India. This significant achievement indicates Avaada Energy’s substantial contribution to the expansion of solar energy capacity in the country, supporting India’s renewable energy goals and sustainable development. In Detail : MUMBAI, India : Avaada Energy, a key entity in the Avaada […]
Avaada Energy bags 1,400 MW solar project – EQ
In Short : Avaada Energy, a leading renewable energy company in India, has secured a significant milestone by winning a 1,400 MW solar project. This substantial project reaffirms Avaada Energy’s position as a key player in the renewable energy sector, contributing significantly to India’s clean energy goals. With a strong focus on solar energy, the […]
Avaada Energy sign MoU with Al Jomaih Energy and Water Embark for RE advancements in Middle East – EQ
Green energy developer Avaada Group on Monday announced that it has entered into an agreement with Al Jomaih Energy and Water (AEW) to develop renewable power projects in Saudi Arabia. The projects will be developed in Saudi Arabia and selected Middle Eastern regions, Avaada Group said in a statement. “Avaada Energy (group firm) announces a […]
Avaada Energy wins 280 MW solar capacity in SECI auction at Rs 2.61 tariff – EQ Mag
The bidding allows flexibility to Avaada Energy to set up the solar power project anywhere in India and supply green electricity on long term at a tariff of Rs 2.61/kWh (kilowatt hour) Avaada Energy on Monday said it has bagged a 280 megawatt renewable energy project from Solar Energy Corporation of India (SECI). SECI is […]
Thailand’s state utility PTT’s arm invests $233 million in Avaada Energy – EQ Mag
On Wednesday, Global Power Synergy Public Company Limited (GPSC), a subsidiary of Thailand’s state utility PTT, announced that it was increasing its April investment of 233 million, or Rs 1916.7 crore, in Vineet Mittal’s solar energy firm Avaada Energy Pvt Ltd. GPSC, which already holds 42.93% of Avaada Energy Private Ltd (AEPL) has completed its […]