Avaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gujarat and Maharashtra. These new projects will commence commercial operations starting March 2027. The financing covers hybrid renewable energy and solar capacity developments. The loans have an aggregate tenure of 21.5 years.

Avaada Group secured ₹12,800 crore financing from three major lenders. This funding will support 2.15 GW of renewable energy projects in Gujarat and Maharashtra. These new…

Avaada Group on Friday announced the financial closure of $1.3 billion for its 2,150 MW renewable energy portfolio in Gujarat and Maharashtra.