Bharat Forge invests Rs 28.7 million in AvaadaSatraMH

December 2020

A Pune-based multinational infrastructure company, Bharat Forge has made an equity investment ofRs28.7 million inAvaada Renewable’s special purpose vehicle (SPV)AvaadaSataraMH (ASPL). This amount has been invested against purchase of solar power from Avaada as a […]

SJVN partners with IREDA for green energy projects

December 2020

SJVN limited and the Indian Renewable Energy Development Agency (IREDA) has announced the signing of a memorandum of understanding (MoU) to promote green energy projects in the country. As per the agreement, IREDA will assist […]

GREDHCL to fully acquire Senvion India

December 2020

The Global Renewable Energy Development Holding Company Limited (GREDHCL) has agreed to terms with Senvion GmbH for the acquisition of its Indian operations, Senvion India. The transaction will see GREDHCL acquiring complete ownership of Senvion […]

Avaada Energy secures $10 million funding from DEG

November 2020

Deutsche Investitions und Entwicklungsgesellschaft (DEG), a German development finance institution, has committed $10 million to Avaada Energy Private Limited for the development of 4.3 GW of renewable capacity by 2022. The funds will be used […]

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