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Avaada Group secures PPAs for 14 GW renewable energy projects

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Avaada Group, through its subsidiary Avaada Energy, has secured long-term power purchase agreements (PPAs) for 14,000 MW of renewable energy projects.  The company has already commissioned 5,200 MW of renewable energy capacity across nine states and aims to achieve full operational capacity by 2027. Earlier this month, Avaada Group commissioned a 1,500 MW solar module manufacturing facility in Dadri, Noida. The facility focuses on TOPCon n-type bifacial glass-to-glass modules. The company is also developing a…

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Avaada to invest Rs 207 billion in renewable energy projects in Odisha

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Avaada Group has signed a memorandum of understanding (MoU) with the Odisha government to invest Rs 207 billion in renewable energy projects.  The investment will support the development of 1,500 MW of floating solar projects, two 1,000 MW Pumped Storage Projects (PSP), and green energy equipment manufacturing units.  The agreement was formalized at the Make in Odisha Conclave 2025, attended by Chief Minister Mohan Charan Majhi. The event, inaugurated by Prime Minister Narendra Modi, aims…

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Avaada Group to develop 1.2 GW pumped storage project in Rajasthan

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Avaada Aqua Batteries, a subsidiary of Avaada Group, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1.2 GW pumped storage project (PSP) in the Sirohi district.  With a budget of Rs 58 billion, the project is expected to be completed within five to seven years. It aims to provide Round the Clock with renewable energy and enhance grid stability by integrating solar and wind power. In October 2024, Avaada…