Founder of Brookfield-backed Avaada seeks $750 million loanAvaada Group founder Vineet Mittal plans to borrow $750 million from global lenders. This new financing will refinance the company's existi...
07 Jul, 2026, 09.02 AM IST
Avaada targets 17.7 GW renewable energy capacity within two yearsAvaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years....
16 Jun, 2026, 05.27 PM IST
Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
01 Jun, 2026, 01.47 PM IST
Avaada Group pledges Rs 36,000 crore investment for RE projects in GujaratAvaada Group has signed an initial agreement with the Gujarat government to invest Rs 36,000 crore in solar, wind, and Battery Energy Stora...
09 Oct, 2025, 05.48 PM IST
Avaada Group receives financial commitments worth Rs 8,500 crore for 9 projects for Q3 FY24Avaada Group has secured Rs 8,500 crore in financing for nine renewable energy projects from various lenders, including SBI and Yes Bank. T...
23 Jan, 2025, 05.58 PM IST
Avaada Group commits Rs 1 lakh cr investment in RajasthanAvaada Group plans to invest Rs 1 lakh crore in Rajasthan's renewable energy sector, funding projects like a 1.2 GW hydro storage, 1 MTPA g...
01 Oct, 2024, 04.32 PM IST
Avaada Group to set up two pumped storage power projects of 2,750 MW worth Rs 14,000 crThe Avaada Group has partnered with Maharashtra's Water Resources Department to invest Rs 14,000 crore in two pumped storage power projects...
12 Aug, 2024, 04.16 PM IST
Avaada Energy gets 820 MW hybrid project from SJVNAvaada Energy announced on Monday that it has secured an 820-megawatt hybrid project from state-owned power producer SJVN. This achievement...
01 Jul, 2024, 03.40 PM IST
Avaada Energy secures Rs 315 crore finance for captive solar project in KarnatakaAvaada Energy secured Rs 315 crore financing from Aseem Infrastructure Finance ltd (AIFL) for a solar project in Karnataka. It will be deve...
29 May, 2024, 03.05 PM IST
Avaada Energy bags 1,050 MWp solar projectAvaada Energy has won a 1,050 MWp solar project through an NTPC-conducted auction, marking the largest single bid secured in the tender. Th...
23 May, 2024, 10.26 PM IST
Avaada Inclean inks pact with DVC to supply electricity in GujaratAvaada Inclean partners Damodar Valley Corporation for a 421 MWp solar PV project in Gujarat, signing a 25-year PPA under the Power Ministr...
19 Mar, 2024, 03.15 PM IST
Avaada Energy, Al Jomaih Energy and Water partner to develop green energy projectsAvaada Group, a developer of green energy, declared on Monday that it has reached an agreement with Al Jomaih Energy and Water (AEW) to cre...
11 Sep, 2023, 09.38 PM IST
Avaada secures $2.44 billion from REC for energy transition projectsAvaada will utilize the REC investment to spearhead its renewable energy projects across India in the next few years. These ventures includ...
20 Jul, 2023, 08.13 PM IST
Thailand’s state utility PTT’s arm invests $233 million in Avaada EnergyAs part of this round, Mittal’s holding company Avaada Ventures Pvt Ltd on 27 April announced that it has raised $1 billion from Canadian i...
28 Jun, 2023, 04.54 PM IST
Avaada Energy wins 560 MW solar projectThe project was awarded through competitive bidding, followed by an e-Reverse auction in which Avaada emerged as the winner with a quoted t...
13 Apr, 2023, 04.42 PM IST
Avaada Energy bags 300 mw solar projectAvaada Group has been declared one of the winners in an auction conducted by Maharashtra State Electricity Distribution Company (MSEDCL) to...
11 Sep, 2022, 03.24 PM IST
Avaada Energy receives $15 mn funding from ProparcoIn April, Avaada received a total investment of over Rs 1,000 crore from Asian Development Bank, DEG, Dutch finance development company FMO...
25 Nov, 2019, 11.22 AM IST