Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Wednesday laid foundation stone for Avaada Group’s green hydrogen project at Gopalpur in Ganjam district. This mega clean energy project entailing an investment of Rs 8,000 crore aligns with India’s aspiration to be a global green hydrogen manufacturing hub. Located near Gopalpur deep-sea port, Avaada’s cutting-edge green ammonia storage facility will enable exporting …
Avaada Group said it had raised $1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $1.3-bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund, will be investing up to $1 billion in Avaada Ventures Pvt. Vineet Mittal, chairperson and founder, Avaada Group said the group is building …
HYDERABAD: Avaada Group, which is into manufacturing solar cells, modules and electrolysers, renewable power generation, green hydrogen, and green ammonia production, announced that it has raised $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing $ 1.3bn fund raise plan. Global Power Synergy Public Company Limited will further invest …