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HomeAvaada Energy

Avaada Energy

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Company Release

Avaada appoints Whole Solar as authorised distributor for solar panels in North India

October 10, 2025

Delhi, India – October 8, 2025: Whole Solar is pleased to announce that it has been appointed as the authorized distributor for Avaada Solar Panels for the North India region. Customers, developers, and businesses across […]

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Projects

Hexa Climate, ACME Solar, and Avaada Energy secure NTPC’s 1,200 MW FDRE auction

November 11, 2024

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy emerged as winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) with peak power through interstate transmission system (ISTS)-connected projects. […]

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Projects

JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction

October 17, 2024

The Maharashtra State Electricity Distribution Company (MSEDCL) has announced the winners of its 1,650 MW wind-solar auction. JSW Neo Energy (JSW Energy), Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy have […]

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Financings

Avaada Energy secures Rs 5.97 billion in refinancing for solar projects

October 16, 2024

Avaada Energy, an arm of Avaada Group, has successfully secured approximately Rs 5.97 billion in refinancing. These funds will be utilised for its commercial and industrial (C&I) solar projects in Karnataka and Maharashtra. The refinancing […]

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Financings

Avaada raises Rs 11.9 billion finance for 400 MW solar project

May 3, 2024

Avaada Energy, the renewable energy division of Avaada Group, revealed that it has secured approximately Rs 11.9 billion in green financing from the State Bank of India (SBI). The funding was obtained through a 20-year […]

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Financings

Avaada secures Rs 45 billion refinancing for solar projects

April 22, 2024

Avaada Energy has secured a refinancing deal worth Rs 44.71 billion with the National Bank for Financing Infrastructure and Development (NaBFID, a specialised government-owned development finance institution,). The refinancing aims to support four solar projects […]

Interviews

Interview with Kishor Nair: “The renewables industry has a trillion-dollar investment opportunity”

April 5, 2024

Renewable energy IPPs are at the forefront of India’s energy transition. One such IPP is Avaada Energy, the renewable energy arm of the Avaada Group which has diversified its business from solar and wind project […]

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Projects

Avaada receives LoA for 1,138 MW decentralised agricultural solar projects

March 11, 2024

Avaada Energy, a subsidiary of Avaada Group has obtained the letter of award (LoA) to construct and manage 1,138 MW of distributed agricultural solar PV power projects. To be developed by 2025 at an investment […]

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Projects

NTPC declares winners of its 1.5 GW solar auction

January 8, 2024

Results for NTPC Limited’s auction to develop 1,500 MW of inter-state transmission system (ISTS) connected solar power projects, tranche I, have been announced. The tender for the project was issued in October 2023. The projects […]

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Projects

GUVNL declares winners of its 500 MW solar auction

December 29, 2023

Results for Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 500 MW of grid-connected solar power projects, phase XXII, have been announced. The tender for the project was issued in November 2023. To be […]

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International News

Avaada Energy signs MoU with AL Jomaih

September 12, 2023

Avaada Energy, the renewable arm of Avaada Group, has signed a Memorandum of Understanding (MoU) with Al Jomaih Energy and Water (AEW) for renewable power project advancements in the Kingdom of Saudi Arabia and other […]

Projects

Winners declared for GUVNL’s 500 MW solar auction

April 21, 2023

Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew, Solarcraft Power, Mahindra Susten, and Avaada Energy. The developers can build projects anywhere in India […]

Projects

NTPC and Avaada bag MSEDCL’s 500 MW solar auction

September 8, 2022

NTPC Renewable Energy and Avaada Energy were declared winners in Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to procure power from 500 MW of grid-connected inter or intrastate solar projects (Phase-VIII) on a long-term […]

Projects

MSEDCL’s results declared for 500 MW solar projects

August 5, 2022

The results of  Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to purchase power from 500 MW of grid-connected intrastate solar projects (Phase-VII) are announced. SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir […]

Financings

Avaada Energy raises Rs 14.4 billion through green bonds

March 2, 2022

Avaada Energy, India’s leading solar project developer, has announced that it will raise Rs 14.4 billion in green bonds in the Indian capital market at a rate of 6.75 per cent, making it the country’s […]

Projects

Avaada Energy to commission floating solar power plant in Bihar 

February 25, 2022

The Bihar government has awarded Avaada Energy a 2 MW floating solar power unit over a six-acre water body in Darbhanga district, and the project is about to be commissioned. As per the company statement, […]

Companies

Avaada Energy: Ambitious growth strategy

December 4, 2020

Avaada Energy was set up in 2017, with its co-founders using a part of the proceeds from the sale of their renewable energy portfolio in Welspun Renewable Energy to Tata Power Renewable Energy Limited. The […]

Solar Module Manufacturers in India

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