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AVAADA VENTURES
Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
Global lenders to back Brookfield’s 1.04 GW project with $600 mnA group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, ...
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EVBrookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 ...
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...
Avaada Group vows to pump in ₹1 lakh crore in RajasthanAvaada Group pledged over ₹1 lakh crore investment in Rajasthan's renewable energy sector by 2030. Projects include a 1,200 MW pumped stora...
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 plans Rs 2.5 lakh crore capex to charge up renewables businessAvaada Group plans to invest ₹2.5 lakh crore by 2031 in manufacturing facilities for ingot, wafers, and glass. The company aims to implemen...
Govt receives bids from 23 companies for tranche-II of electrolyser manufacturing incentive schemeAdani Enterprises Ltd, Bharat Heavy Electricals Ltd, Avaada Electrolyser Pvt Ltd, Thermax Ltd, and Waree Energies Ltd are part of the 23 co...
Green H2 production: RIL Unit, BPCL & 12 others submit bidsThe technical bids for incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme were opened on Friday whil...
AVAADA Group, Tata Steel Special Economic Zone to set up green hydrogen, ammonia unit in OdishaIn a statement, AVAADA Group announced "an initiative to establish a cutting-edge green hydrogen and ammonia manufacturing unit in Odisha. ...
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...
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...
CleanMax raises $360 million from BrookfieldCleanMax Enviro Energy Solutions Pvt. Ltd, a Mumbai based renewable energy company, on Thursday said that it has raised $360 million from B...
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...
Brookfield expands green footprint, buys 51% stake in CleanMax EnviroThe investment will largely be a secondary sale of shares by existing shareholders with a small tranche of primary infusion into the compan...
Brookfield investing $1 billion in AvaadaCanadian investor Brookfield has agreed to invest $1bn in Avaada Ventures to support green ammonia plans and scale up renewable energy, in ...
Brookfield in talks to acquire CleanMax SolarInvestment bank Rothschild is advising CleanMax on the fundraise, one source said. "The funds, largely primary equity infusion into the com...
Brookfield looks to put $1 billion in AvaadaThe group was founded by entrepreneur Vineet Mittal in 2017. Avaada Group has built a portfolio of over 4 GW of renewable (solar and wind) ...
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.
Solar power tariffs drops to historic low of Rs. 2.62/kwhThe winners of the 250-MW projects auctioned by SECI were Phelan Energy Group of South Africa, which won 50 MW at Rs. 2.62 per unit, Avaada...