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 …