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AVAADA GUJARAT PROJECTS
Avaada Group secures $1.3 billion financial closure for 2,150 MW projectsAvaada Group achieved financial closure for its renewable energy portfolio worth USD 1.3 billion for projects in Gujarat and Maharashtra. T...
Avaada gets ₹12,800-cr loan to fund projects in Gujarat and MaharashtraAvaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gu...
Avaada secures $950 million from global, domestic banksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
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...
Indian renewables firms urge pause on auctions as backlogs surgeRenewable energy firms in India are asking the government to halt new project auctions. They want existing projects to find buyers first. F...
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...
India revokes grid access for 17 GW of clean energy projects, says sourceIndia has cancelled grid access for 17 GW of delayed clean energy projects, prioritizing operational and near-completion projects amidst su...
Budget 2025: Green energy corridor set to enter phase IIIBudget 2025: The govt plans to announce the third phase of the Green Energy Corridor project in the upcoming budget to boost renewable ener...
Avaada Energy secures Rs 1,190 crore loan from SBI for solar projectAvaada Energy has secured a Rs 1,190 crore loan from the State Bank of India for a 400 MWp utility-scale solar PV project in Gujarat's Sure...
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...
Avaada Energy secures 1,400 MWp solar projectsAvaada Energy on Friday said it has secured over 1,400 MWp solar projects across the country from state-owned agencies. The company has sec...
Avaada Group to invest Rs 40,000 cr to develop 6 GW hybrid renewable projects in GujaratThis strategic alliance aims to set up hybrid wind-solar projects with an aggregate 6,000 MW (6 GW) capacity in the state with an investmen...
Waaree plans $350 million IPO fundraise, targets $3 billion valuationThe solar panel maker is working with investment banks Axis Capital, Jefferies and Nomura on the proposed IPO, the sources said, adding tha...
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...
Avaada Energy gets 200 MW solar project from Gujarat Urja Vikas NigamAvaada Energy on Thursday said it has bagged a 200 MW solar project from Gujarat Urja Vikas Nigam Ltd (GUVNL). The project has been bagged ...
Green Energy firms plan to move Supreme Court to seek revision of endangered bird orderPower developers such as Adani Green, Tata Power Renewables, ReNew Power, Hero Future Energies and Avaada hope this will address their conc...
8 GW solar bids worth Rs 40,000 crore cancelled in FY'19, irks investorsThe scrapping of bids has hit India's ambitious target of achieving 1,00,000 MW of solar capacity by 2022.
Maharashtra solar auction winning tariffs remain unchanged at Rs 2.74 per unitThe impact of safeguard duty of 25% has not been factored into the tariff and will be added once the exact quantum of the impact is known.
Solar tariffs hit their record low once againThe finance ministry last week had reinstated safeguard duty on solar panels and modules imported from China and Malaysia.
Solar power tariff drops to historic low at Rs 2.44 per unitACME Solar Holdings emerged as the lowest bidder by quoting Rs 2.44 per unit tariff for 200 MW followed by SBG Cleantech One at Rs 2.45 per...