$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction Updated On Mon, Jul 12th, 2021 by Saurenergy We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […] Read more
Avaada to Provide Renewable Energy to Data Centre Operator STT GDC India Updated On Thu, Mar 4th, 2021 by Saurenergy STT GDC India has announced a partnership with Avaada Energy to procure 99 MUs/annum of renewable energy under a captive structure. ST Telemedia Global Data Centres (India) – STT GDC India – has announced a partnership with Avaada MHKhamgaon, a subsidiary of Avaada Energy to procure 99 MUs/annum (99 Million kWh) of renewable energy under a […] Read more
Avaada Gets Decision From MERC for 250 MW Solar Project with MSEDCL Updated On Wed, Mar 3rd, 2021 by Saurenergy MERC had directed both parties i.e. Avaada and MSEDCL to complete the formalities under the RfS and execute the PPA by March 2, 2021. Avaada Energy (AEPL) had filed a case in January 2021 against Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) with the Maharashtra Electricity Regulatory Commission (MERC) seeking issuance of appropriate order(s)/ directions(s) […] Read more
Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project Updated On Thu, Oct 29th, 2020 by Saurenergy Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the fate of the 28MW already built, or the power generated there, or even the […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
500W Modules and Higher Efficiency, India Falling Behind Updated On Mon, May 25th, 2020 by Saurenergy Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […] Read more
MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra Updated On Wed, May 20th, 2020 by Saurenergy Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […] Read more
