Avaada Energy to set up 2 GW of open access solar plants in 5 states
Currently, the independent power producer has over 500 MW of open access solar portfolio, with leading IT and manufacturing giants among its client base.
Avaada raises Rs1000 crore to fund its 2.4 GW solar projects
Avaada Energy has raised the funds from the Asian Development Bank and European development institutions. The PV developer will use the amount to finance 2.4 GW of the 5 GW of solar capacity it hopes to secure over the next two years.
