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Avaada Group, Maharashtra govt inks MoU for Rs 15,100 crore pumped storage projects

Power Generation Apr 30,2025

Avaada Group has partnered with the Maharashtra Government to develop two pumped storage hydroelectric projects totaling 3,600 MW with an investment of ₹15,100 crore. The projects will boost grid

Avaada teams up with Casale for green ammonia plant in Odisha

Power Generation Feb 03,2025

Avaada Group has partnered with Swiss firm Casale to build a 1,500 TPD green ammonia plant in Gopalpur, Odisha, powered by renewable energy. Casale will provide its ammonia production technology and e

Avaada Group to invest Rs 5 800 crore in hydropower storage proj in Rajasthan

Power Generation Nov 25,2024

Avaada Group will invest Rs 5,800 crore in a 1200 MW pumped hydropower storage project in Rajasthan's Sirohi district to enhance energy security and integrate renewable energy. Complementing its

Avaada Energy closes Rs 597 crore refinancing for solar projects

Power Generation Oct 16,2024

Avaada Energy has secured approximately Rs 597 crore ($71.1 million) in refinancing for its solar projects in Karnataka and Maharashtra from NIIF Infrastructure Finance. This refinancing will help eas

Avaada lays foundation for Rs 13,650 crore renewable energy plant in Nagpur

Manufacturing Oct 09,2024

Avaada Group has laid the foundation for a ₹13,650 crore manufacturing facility at Addl. Butibori Industrial Park in Nagpur, aimed at enhancing India's renewable energy capabilities. The projec

Avaada Group to set up 2 pumped storage power projects worth Rs 14,000 crore

Power Generation Aug 13,2024

Avaada Group has signed an agreement with Maharashtra's Water Resources Department to develop two pumped storage power projects, totaling 2,750 MW, with a Rs 14,000 crore investment. The projects

Avaada Energy secures 1,050 MWp solar project

Power Generation May 24,2024

Avaada Energy secures a 1,050 MWp solar project through NTPC's auction, marking its largest bid win. The project, awarded at INR 2.69 per kWh tariff, is slated for completion within 24 months pos

Avaada Energy secures Rs 1,190 crore loan for solar project

Power Generation May 09,2024

Avaada Energy secures Rs 1,190 crore loan from State Bank of India for a 400 MWp solar project in Gujarat's Surendra Nagar district. The 20-year project loan will aid development and procurement

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