+
Avaada secures 1400 MWp in solar project wins across India
POWER & RENEWABLE ENERGY

Avaada secures 1400 MWp in solar project wins across India

Avaada Energy, a key entity in the Avaada Group?s renewable energy division, is pleased to announce its successful acquisition of approximately 1400 MWp in solar energy projects through recent tenders by central and state government agencies in India.

Marking a significant stride in India?s renewable energy journey, Avaada Energy has secured capacities of 421 MW, 280 MW, and 700 MW in tenders issued by renowned state-owned agencies SECI, GUVNL, and NTPC, respectively. These projects, slated for development in the states of Gujarat and Rajasthan, underscore Avaada?s commitment to expanding its renewable energy footprint across the nation.

Upon finalisation, the Power Purchase Agreements (PPAs) with these agencies will span 25 years, highlighting a long-term commitment to sustainable energy generation. The SECI, GUVNL, and NTPC projects are anticipated to be completed within a 24-month timeframe.

These solar installations are expected to generate an estimated annual output of ~2,410 million units of renewable energy, effectively powering over 1.72 million rural households in India. This initiative is projected to contribute significantly to reducing carbon emissions, with an expected annual CO2 reduction of ~2.24 million tonnes each year, aligning with India's climate objectives.

Vineet Mittal, Chairperson of Avaada Group, commented on the achievement, "Securing these solar projects highlights Avaada Energy's role as a frontrunner in India's renewable energy sector. With these latest additions, Avaada?s portfolio now includes ~6 GW of projects under various stages of development, adding to our operational capacity of ~4.1 GW. This milestone not only reinforces Avaada?s industry leadership but also our commitment to sustainable energy solutions that support India's green energy goals.?

Avaada Energy, a key entity in the Avaada Group?s renewable energy division, is pleased to announce its successful acquisition of approximately 1400 MWp in solar energy projects through recent tenders by central and state government agencies in India. Marking a significant stride in India?s renewable energy journey, Avaada Energy has secured capacities of 421 MW, 280 MW, and 700 MW in tenders issued by renowned state-owned agencies SECI, GUVNL, and NTPC, respectively. These projects, slated for development in the states of Gujarat and Rajasthan, underscore Avaada?s commitment to expanding its renewable energy footprint across the nation. Upon finalisation, the Power Purchase Agreements (PPAs) with these agencies will span 25 years, highlighting a long-term commitment to sustainable energy generation. The SECI, GUVNL, and NTPC projects are anticipated to be completed within a 24-month timeframe. These solar installations are expected to generate an estimated annual output of ~2,410 million units of renewable energy, effectively powering over 1.72 million rural households in India. This initiative is projected to contribute significantly to reducing carbon emissions, with an expected annual CO2 reduction of ~2.24 million tonnes each year, aligning with India's climate objectives. Vineet Mittal, Chairperson of Avaada Group, commented on the achievement, Securing these solar projects highlights Avaada Energy's role as a frontrunner in India's renewable energy sector. With these latest additions, Avaada?s portfolio now includes ~6 GW of projects under various stages of development, adding to our operational capacity of ~4.1 GW. This milestone not only reinforces Avaada?s industry leadership but also our commitment to sustainable energy solutions that support India's green energy goals.?

Next Story
Infrastructure Urban

REC honoured with ‘Best Design Thinking Award’ at DNA Awards 2025

REC, a Maharatna NBFC under the Ministry of Power, has received the ‘Best Design Thinking Award’ at the 5th Distinguished NBFC Awards (DNA Awards) hosted by Banking Frontiers.The award acknowledges REC’s digital initiatives in Retail Bonds, highlighting the company’s efforts to leverage technology and design thinking to improve customer experience and service delivery.Jitendra Srivastava, CMD, REC, congratulated the finance team for their commitment and contribution towards driving innovation. Harsh Baweja, Director (Finance), along with senior officials, joined in celebrating the reco..

Next Story
Infrastructure Urban

How India’s Logistics Sector Becoming Smarter, Faster, and Fairer

India’s logistics system, once criticized for being slow and fragmented, is now showing signs of a genuine turnaround. Policy reforms, new infrastructure, and rapid adoption of technology are changing the way goods move across the country. Officials argue the impact will be felt not just in lower costs, but in faster operations and more equitable opportunities for small businesses.Smarter: Digital Innovation Taking HoldThe biggest shift has been digital. Artificial Intelligence (AI), Machine Learning (ML), IoT and block chain are no longer buzzwords, they are now being used on the ground. Fl..

Next Story
Infrastructure Urban

Hindustan Zinc Charts Multi-metal Future as Cornerstone of 2x Growth Strategy

Hindustan Zinc, a Vedanta Group company and the world’s largest integrated zinc producer, has announced a bold transformation agenda – Hindustan Zinc 2.0 – to evolve from a zinc-and-silver leader into a diversified, multi-metal enterprise powering India’s future growth.Addressing shareholders at the company’s 59th Annual General Meeting, Chairperson Priya Agarwal Hebbar said, “Hindustan Zinc is moving beyond its zinc and silver legacy to become a multi-metal, future-ready enterprise. As demand for critical minerals grows across clean energy, digital infrastructure, and national sec..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?