Avaada to Invest Rs 1 Tn as it Scales Clean Energy Portfolio

02 Dec 2025 CW Team

Vineet Mittal, chairman of the group, said the strategy aims to strengthen the company’s self-reliant ecosystem while scaling vertically integrated capabilities. “We want to become the world’s most vertically integrated clean energy company where what we consume and what we produce can be used in the ecosystem and supply chain, and our supply chain resilience becomes more Atmanirbhar,” he said.

A key element of Avaada’s expansion is its advanced manufacturing ecosystem, including its Nagpur facility, which houses the complete value chain — from converting polysilicon to producing finished solar modules. This integration is expected to support the company’s ambitions across solar, green hydrogen, green ammonia and other new-age clean energy segments.

The group’s investment roadmap aligns with India’s accelerating push toward renewable energy and domestic manufacturing scale. With global supply chains undergoing rapid transformation and industries shifting to low-carbon operations, Avaada aims to position itself as a comprehensive solutions provider capable of meeting both domestic and international demand.

Industry observers note that large-scale investments of this nature could help bolster India’s renewable manufacturing competitiveness, reduce import dependence and create thousands of green jobs. Avaada’s planned workforce expansion reflects its expectation of sustained growth across manufacturing, project development and emerging clean energy technologies.

The company’s five-year vision highlights a significant step toward building a resilient, integrated clean energy ecosystem anchored in domestic capability and long-term sustainability.

News source: The Hindu Businessline

Avaada Group has unveiled an aggressive five-year investment plan as it looks to deepen its presence across the clean energy value chain and capture rising demand from emerging sectors. The integrated clean energy company said it will invest Rs 1 trillion over the next five years and expand its workforce by 10,000 people within the next three years, marking one of its largest growth commitments to date.Vineet Mittal, chairman of the group, said the strategy aims to strengthen the company’s self-reliant ecosystem while scaling vertically integrated capabilities. “We want to become the world’s most vertically integrated clean energy company where what we consume and what we produce can be used in the ecosystem and supply chain, and our supply chain resilience becomes more Atmanirbhar,” he said.A key element of Avaada’s expansion is its advanced manufacturing ecosystem, including its Nagpur facility, which houses the complete value chain — from converting polysilicon to producing finished solar modules. This integration is expected to support the company’s ambitions across solar, green hydrogen, green ammonia and other new-age clean energy segments.The group’s investment roadmap aligns with India’s accelerating push toward renewable energy and domestic manufacturing scale. With global supply chains undergoing rapid transformation and industries shifting to low-carbon operations, Avaada aims to position itself as a comprehensive solutions provider capable of meeting both domestic and international demand.Industry observers note that large-scale investments of this nature could help bolster India’s renewable manufacturing competitiveness, reduce import dependence and create thousands of green jobs. Avaada’s planned workforce expansion reflects its expectation of sustained growth across manufacturing, project development and emerging clean energy technologies.The company’s five-year vision highlights a significant step toward building a resilient, integrated clean energy ecosystem anchored in domestic capability and long-term sustainability.News source: The Hindu Businessline

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..