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Proparco makes USD-15m equity infusion in India's Avaada Energy

By : Sustainability ..., Nov 21, 2019

Proparco, a subsidiary of French development agency Agence Francaise de Developpement (AFD), has invested USD 15 million (EUR 13.6m) in equity in Indian renewable power producer Avaada Energy Pvt Ltd, Mercom Capital reports. Details on the investment were not provided. The...

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Renew Power, Avaada, UPC, Tata unit bag solar projects

By : Sustainability ..., Nov 4, 2019

Renew Power, Avaada Energy, UPC Renewables and Tata Power Renewable Energy won projects in the 1,200 megawatts auction of the Solar Energy Corp of India (SECI), with the winners offering a slightly higher price than those in the previous round. In Thursday’s auction of the...

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Avaada Energy to set-up 2 GW open access solar power plants in 5 states

By : Sustainability ..., Jul 25, 2019

Serial entrepreneur Vineet Mittal-led Avaada Energy is in the process of implementing two gigawatt (GW) of open access solar plants in Maharashtra, Tamil Nadu, Haryana, Karnataka, and Odisha,...

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