avaada-energy

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Daily News Wrap-Up: Torrent Power Allotted 6,000 Hectares of Land in Gujarat

Gujarat-based power company Torrent Power has disclosed its plans to achieve a 5 GW renewable energy portfolio over the next three to five years through inorganic...

June 21, 2023

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Rakesh Ranjan

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Daily Wrap-up
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India’s Energy Transition Hinges on C&I Sector’s Solar Adoption: Interview

In an exclusive interview with Mercom India, Kishor Nair, CEO of Avaada Energy, discussed the impact of government policies on solar cell and module manufacturing in...

June 20, 2023

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Gautamee Hazarika

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C&I

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Markets & Policy

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Solar
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Avaada, Tata Power Led Solar Installations in 1H 2022, Adani and ReNew Top Cumulatively

India’s installed utility-scale solar capacity breached the 50-GW mark in August 2022, 9.7 GW shy of meeting the government-set target of installing 60 GW by 2022,...

November 11, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar

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Utility Scale
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CERC Denies Start Date Extension of Medium-Term Open Access for a Solar Project

The Central Electricity Regulatory Commission (CERC) recently rejected a solar generator’s plea seeking an extension of the start date of medium-term open access...

September 12, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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NTPC and Avaada Energy Declared Winners in MSEDCL’s 500 MW Solar Auction

NTPC Renewable Energy and Avaada Energy were declared winners in Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to procure power from 500 MW of...

September 7, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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SJVN, Juniper Green, Tata Power, SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, SAEL, and Avaada Energy were declared winners in Maharashtra State Electricity Distribution...

August 4, 2022

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Arjun Joshi

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Solar

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Tenders & Auctions
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Bharat Forge, Linde, STT Data Centres Buy Power From Avaada’s Open Access Solar Projects

Renewable energy projects developer Avaada Energy has entered into power offtake arrangement with multiple entities for its 75 MW open access solar projects. The 75 MW...

April 28, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Avaada Energy to Raise ₹14.4 Billion Through AAA-Rated Green Bonds

Renewable energy project developer Avaada Energy has announced that it will raise green bonds worth ₹14.4 billion (~$192 million) at 6.75% in the Indian capital market....

March 2, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Avaada, Ayana to Build Transmission Lines for 650 MW of Solar Projects

The Central Electricity Authority (CEA) has provided approval to Avaada Energy and Ayana Renewable Power to construct transmission lines for 350 MW and 300 MW of solar...

February 3, 2021

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Harsh Shukla

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Grid

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T&D
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Electricity Tribunal Grants Grid Connectivity to Avaada’s 100 MW Solar Project

The Appellate Tribunal for Electricity (APTEL), in reply to Avaada Energy’s petition, has approved grid-connectivity for a 100 MW solar project in Maharashtra. The...

October 29, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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Avaada to Receive $15 Million from Asian Development Bank to Expand its Solar Portfolio

The Asian Development Bank (ADB) announced that it has signed an agreement to invest $15 million in Avaada Energy Private Limited (AEPL) to help expand the company’s...

September 29, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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Top Headlines from India’s Renewable Sector in April

The month of April witnessed several important events that might have a significant impact on the renewable energy sector going forward. Here are some of the important...

May 6, 2020

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Rakesh Ranjan

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Other

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Renewable Energy
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Tata Power Distribution to Procure 150 MW of Solar Power at a Tariff of ₹2.83/kWh

The Maharashtra Electricity Regulatory Commission (MERC) has given its approval to Tata Power Company Limited-Distribution (TPC-D) to procure 150 MW of power on a...

December 6, 2019

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Rakesh Ranjan

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Markets & Policy

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Solar
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France’s PROPARCO Makes $15 Million Equity Investment in Solar Developer Avaada Energy

PROPARCO, a French development financial institution, has announced that it has made a $15 million (~₹1.07 billion) equity investment in independent power producer...

November 20, 2019

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Nithin Thomas Prasad

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Markets & Policy

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Solar
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Bihar Asks Developers to Reduce Tariff for 250 MW of Solar Projects

The Bihar Electricity Regulatory Commission (BERC) has rejected a petition filed by Bihar State Power Holding Company (BSPHCL) on behalf of North Bihar Power...

September 25, 2019

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Shaurya Bajaj

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Markets & Policy

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Solar

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