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 …
Avaada Energy wins a 300 MW solar project at a tariff of ₹2.83 per kWh from Maharashtra State Electricity Distribution Company on Sunday. In August this year, Maharashtra State Electricity Board-backed Mahadiscom conducted another auction to purchase power from 500 MW of grid-connected solar projects. During the Phase VII auction as well, Avaada Energy bagged a capacity of 25 MW …