Avaada Partners with Casale For 1,500 TPD Green Ammonia Plant in Odisha Updated On Fri, Jan 31st, 2025 by Saurenergy Avaada Group, has announced its strategic collaboration with Casale, a global pioneer in ammonia technology, to develop a 1,500 tons per day (TPD) state-of-the-art green ammonia plant in Gopalpur, Odisha. The Gopalpur plant will be powered entirely by renewable energy, utilizing Casale’s advanced ammonia production technology to ensure a carbon-free process. Casale will provide the Green Ammonia Process License, Basic Engineering […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Rajasthan Investor Summit 2024 Attracts High Renewable Commitments Updated On Tue, Oct 1st, 2024 by Saurenergy At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […] Read more
NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit Updated On Tue, Sep 10th, 2024 by Saurenergy NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […] Read more
Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
Avaada Group Commissions 50 MW Solar Plant In Bihar Updated On Wed, May 22nd, 2024 by Saurenergy Avaada Energy , the renewable energy arm of Avaada Group, commenced a new 50 MW solar power plant in the Banka district on Tuesday. With this Bihar has now increased its total solar capacity to 181.1 MW. Last year approval was given for a 75 MW solar plant in Banka and a 125 MW solar […] Read more
Avaada Group Inks Pact for Renewable Energy With Saudi Arabia Updated On Tue, Sep 12th, 2023 by Saurenergy Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […] Read more
Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
