Avaada Energy wins 280 MW (DC) solar project in Rajasthan
The solar project will supply power to Rajasthan Urja Vikas Nigam Ltd at a tariff of INR 2.62 ($0.032)/kWh.
Avaada Energy wins 200 MW (DC) solar project with $0.033/kWh bid
Avaada Energy has won a 200 MW (DC) solar project for supplying solar power to Gujarat Urja Vikas Nigam Ltd at a tariff of INR 2.75 ($0.033)/kWh.
Avaada Energy wins 560 MW (DC) solar project in Maharashtra
Avaada has secured a 560 MW (DC) solar project from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The project will supply power to MSEDCL at a tariff of INR 2.88 ($0.035)/kWh.
Avaada Group appoints CEO for renewables arm
Avaada Group has promoted Kishor Nair to the chief executive officer for its renewable arm Avaada Energy.
Avaada Energy secures 421 MW (DC) solar project
Avaada has won a 421 MW (DC) solar project at a tariff of INR 2.70 ($0.03)/kWh. The project, connected to the inter-state transmission system, will supply power to Damodar Valley Corp. (DVC).
Avaada Energy raises US$192 million through green bonds
Avaada Energy is issuing green bonds for INR 1440 crore (US$192 million) at 6.75%, making it India’s largest AAA-rated green bond by any renewable energy developer.
Union Budget targets domestic production with 40% solar import duty and boost to manufacturing-linked incentive
The budget presented today by finance minister Nirmala Sitharaman allocates an extra INR19,500 crore (US$2,602 million) to the production-linked incentive scheme for solar and notifies basic customs duty of 40% on foreign-made solar modules and 25% on cells, from April.
Avaada commissions 21 MW captive solar plant for Airtel
The solar plant, located in Maharashtra, uses 65,000 PV panels covering an area of 80 acres. It will supply clean energy to telecom operator Airtel’s Nxtra data centers and switching centers in the State.
Avaada Energy to set up 350 MW solar plant in Maharashtra
The electricity generated will be supplied to Maharashtra State Electricity Distribution Co Ltd (MSEDCL) under a 25-year power purchase agreement.
Sungrow signs 650 MW PV inverter supply deal with Avaada Energy
The Chinese inverter manufacturer will supply its 1500V 3.125 MW central inverter solution for Indian developer Avaada Energy’s upcoming PV projects in India.
