Avaada Energy Secures 250MW Project
POWER & RENEWABLE ENERGY

Avaada Energy Secures 250MW Project

Avaada Energy, a pioneering force in the renewable energy sector, has clinched a significant victory by securing a 250MW solar and wind power project in an auction conducted by NTPC, India's largest power utility. This landmark achievement further solidifies Avaada Energy's position as a frontrunner in the transition towards sustainable energy solutions.

The project, valued at approximately ?225 million, underscores Avaada Energy's commitment to driving the adoption of clean energy technologies on a large scale. With this win, Avaada continues to contribute substantially to India's renewable energy capacity, bolstering the nation's efforts to reduce its carbon footprint and combat climate change.

Avaada Energy's successful bid for the 250MW project reflects its expertise and competitiveness in the renewable energy market. The company's track record of delivering high-quality, reliable renewable energy solutions has garnered widespread acclaim, attracting investors and partners eager to participate in India's green energy revolution.

By harnessing the power of solar and wind resources, Avaada Energy not only generates clean electricity but also creates employment opportunities and promotes sustainable development in the regions where its projects are located. This holistic approach aligns with the global push towards a greener, more resilient future.

Moreover, Avaada Energy's strategic partnerships and innovative business models ensure the efficient deployment of renewable energy infrastructure, maximising the socio-economic benefits for local communities while driving down the cost of clean energy production.

As the world increasingly recognises the urgency of transitioning to renewable energy sources, Avaada Energy stands at the forefront, leading the charge towards a more sustainable and prosperous future for generations to come.

Avaada Energy, a pioneering force in the renewable energy sector, has clinched a significant victory by securing a 250MW solar and wind power project in an auction conducted by NTPC, India's largest power utility. This landmark achievement further solidifies Avaada Energy's position as a frontrunner in the transition towards sustainable energy solutions. The project, valued at approximately ?225 million, underscores Avaada Energy's commitment to driving the adoption of clean energy technologies on a large scale. With this win, Avaada continues to contribute substantially to India's renewable energy capacity, bolstering the nation's efforts to reduce its carbon footprint and combat climate change. Avaada Energy's successful bid for the 250MW project reflects its expertise and competitiveness in the renewable energy market. The company's track record of delivering high-quality, reliable renewable energy solutions has garnered widespread acclaim, attracting investors and partners eager to participate in India's green energy revolution. By harnessing the power of solar and wind resources, Avaada Energy not only generates clean electricity but also creates employment opportunities and promotes sustainable development in the regions where its projects are located. This holistic approach aligns with the global push towards a greener, more resilient future. Moreover, Avaada Energy's strategic partnerships and innovative business models ensure the efficient deployment of renewable energy infrastructure, maximising the socio-economic benefits for local communities while driving down the cost of clean energy production. As the world increasingly recognises the urgency of transitioning to renewable energy sources, Avaada Energy stands at the forefront, leading the charge towards a more sustainable and prosperous future for generations to come.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement