GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
Avaada Energy Will Supply 560 MW Solar Power To MSEDCL Updated On Fri, Apr 14th, 2023 by Saurenergy Mumbai based renewable energy company Avaada Energy has now bagged a 560 MWdc solar power project under which it will supply green electricity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The tariff decided is Rs 2.88 per unit and the order is bagged by Avaada through an e-reverse auction done by MSEDCL. This followed […] Read more
Kishor Nair Is New Chief Executive Officer Of Avaada Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
Avaada Plea on Waiver of Charges Due To Supply Disruptions Fails To Work With CERC Updated On Wed, Sep 14th, 2022 by Saurenergy In an order last week, the Central Electricity Regulatory Commission (CERC) has ruled against a plea by Avaada Energy on charging of transmission charges for a 240 MW project during the period of delay. Avaada Energy had made a plea asking for extension of the start date of Medium Term Open Access by the Central […] Read more
Bharti Airtel Collaborates on Fuel Cell Technology with Bloom Energy Updated On Tue, Sep 13th, 2022 by Saurenergy Recently, Bharti Airtel announced that its subsidiary Nxtra Data Limited had teamed up with Bloom Energy to install low-environmental impact fuel cell systems at its data centers in Karnataka. This will help reduce carbon emissions by providing a cleaner, hydrogen-ready fuel source and reduce energy consumption. According to a statement from Bharti Airtel, Nxtra will […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada Updated On Tue, Jan 25th, 2022 by Saurenergy Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […] Read more
SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender Updated On Thu, Jul 22nd, 2021 by Saurenergy Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and […] Read more
