Avaada Group’s Clean Energy Business Raises INR 1000 Crore Investments
INR 1000 Crores investments received from ADB, DEG, FMO and promoters. The company has currently 2.4 GW of renewable portfolio under implementation and is targeting to expand to 5 GW over next two years. The company has executed more than 2 GW renewable projects till date. - April 11, 2019
Avaada Power Felicitated for Its Community Development & Women Empowerment Programs with ET Now CSR Leadership Award
Programs aligned with key National Missions like the Swachh Bharat Abhiyan, Pradhan Mantri Kaushal Vikas Yojna and School Chalo AbhiyanCommunity development program focuses on empowering women through skill building, rural electrification, quality education and promoting health-care; Felicitated with ET Now CSR Leadership Award for overall Community Development and Women Empowerment. - March 23, 2018
Avaada Power Commits USD 1.55 Billion Investments in Uttar Pradesh; Signs MoU to Develop Solar Projects in the State
Avaada Power will be investing USD 1.55 Billion for developing 1,600 MW Solar Projects. The company’s commitment is in line with Indian state Uttar Pradesh’s annual target of 2,000 MW production capacity of solar energy. Uttar Pradesh currently has an installed capacity of 569.35 MW solar energy and has the potential to touch a high generation figure of 22.8 GW. - February 26, 2018