Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL Updated On Thu, Jun 15th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […] Read more
RUVNL’s 1 GW Tender Sees Mahindra Susten, SAEL, Avaada Among Winners Updated On Fri, May 5th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN are the winners under competitive bidding. Mahindra Susten […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
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
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
