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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 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...
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...
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 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...
Thailand's PTT eyes ReNew Power's solar assets, againEnterprise valuation of portfolio could touch $1.75 bn. Due diligence ongoing. State-owned PTT, Thailand's largest conglomerate is already ...
BoA’s green energy banker sees M&A continuing in India driven by cost, scale economicsIndia's renewable energy market will continue to see consolidation as other avenues of fundraising like initial public offer (IPO) and infr...
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...