Tags: Avaada Power

ADB inks an agreement to invest USD 50 million in Avaada Energy

Asian Development Bank (ADB) has inked an agreement to invest USD 50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will come equally from ADB’s Ordinary Capital Resources and Leading Asia’s Private Infrastructure Fund (LEAP). LEAP is a funding arrangement provided by Japan International […]

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Avaada Power to develop 500 MW solar projects in Andhra Pradesh with investment of Rs 3,500 crore

Avaada Power announced that it will invest Rs 3,500 crore to develop 500 MW utility-scale solar projects in Andhra Pradesh. “Our business strategies are interwoven with the government’s mission of promoting renewable energy in the country. We are making significant investments in innovative clean energy solutions with a focus on solar and wind energy sectors,” […]

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Avaada Power to invest Rs 25,000 crore in clean energy projects : Report

Avaada Power is reportedly planning to invest Rs. 25,000 crore in the clean energy sector in next four years reports ET. The firm will develop 5,000 MW capacity in largely solar and wind projects. Vineet Mittal, chairman of Avaada speaking to the publication said “In the next four years, we will make Rs.25, 000 crore […]

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Avaada Power to invest Rs10,000 crore in setting up 1,600 MW solar projects in UP

Avaada Power, a clean energy company has announced that it will invest Rs 10,000 crore in setting up 1,600 MW solar projects in Uttar Pradesh. The firm signed an MoU with the UP government during Investors Summit 2018, here. “The projects will be developed across Mirzapur, Badaun, Gorakhpur and Bundelkhand districts,” the company said in a statement adding that the […]

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