Avaada Group Secures Rs 8,500 Crore for Sustainable Energy Projects

Avaada Group

Avaada Group has secured Rs.8,500 crore in financing for nine key projects across various sectors, focusing on sustainable energy solutions in India. The funding will support utility-scale IPP projects, large agricultural photovoltaic initiatives, merchant power generation, C&I projects, and green module manufacturing. Avaada collaborated with public and private financial institutions, including SBI, Union Bank, NABFID, PFC, Standard Chartered, Axis Bank, Yes Bank, Tata Capital, Aseem Infra, and NIIF, marking a significant step in India’s transition to greener energy.

Location:  NA

Estimated Value (Rs. Cr): 8500

Sector: Solar

Project Stage: Project Update

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