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AVAADA ENERGY GROWTH
Brookfield-backed Avaada Electro files DRHP with Sebi for Rs 10,000 crore IPOBrookfield-backed Avaada Electro has filed a DRHP with SEBI for a Rs 9,000–10,000 crore IPO. The solar manufacturing firm plans to expand h...
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...
NTPC-NPCIL to invest Rs 42,000 cr in 2,800 MW nuclear power project in RajasthanPrime Minister Narendra Modi inaugurated the Mahi Banswara Rajasthan Atomic Power Project, a 2,800 MW nuclear plant developed by NPCIL-NTPC...
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...
Power titans in fray for Statkraft's India unitFifteen companies, including Tata Power, Adani Green, and KKR-backed Serentica Renewables, are competing to acquire Statkraft's India unit,...
Why infrastructure is key to accelerating India’s energy transition
Avaada partners with Casale to develop India's largest green ammonia plant in OdishaAvaada Group has partnered with Casale to establish India's largest green ammonia plant in Gopalpur, Odisha, with a daily capacity of 1,500...
Avaada pledges Rs 20,700 cr investment for green projects in OdishaAvaada Group has signed a memorandum of understanding to invest Rs 20,700 crore in developing renewable energy projects in Odisha. This inv...
Clean energy sector makes case for national councilThe renewable energy industry in India advocates for the creation of a National Renewables Council and an extension of the waiver for inter...
Avaada Group to invest Rs 5,800 cr to develop 1200 MW pumped hydropower storage proj in RajasthanAvaada Group is investing ₹5,800 crore in a 1200MW pumped hydropower storage project in Rajasthan, India. The project, located in Sirohi di...
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...
Global Biofuel Alliance a critical step towards a sustainable future: Toyota Kirloskar Executive Vice President Vikram GulatiThe Global Biofuels Alliance, recently launched by India, has been seen as a critical step towards a sustainable future. It aims to bring t...
Avaada raises $1 billion from Brookfield fund for its India green venturesBrookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to $ 1 billion in Avaada Ventures Private L...
Avaada Energy raises Rs 1,440 cr through green bondsSolar project developer Avaada Energy is raising green bonds for Rs 1440 crore in the Indian capital market at 6.75% making it India’s larg...
Thailand’s GPSC buys 42% in Avaada Energy for Rs 33.88 billionGPSC’s subsidiary Global Renewable Synergy Company will acquire the stake in Avaada in a deal which will be among the largest in the renewa...
Entrepreneur Vineet Mittal gets Rs 1 k cr for Solar VentureAn alumnus of Harvard Business School, Mittal has also successfully executed 2 GW of renewable energy projects in Welspun.
HC stays Karnataka electricity commission’s retro charges on green power companiesKERC’s order directed that all renewable energy producers should pay 25% of the same charges imposed on conventional power producers.