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,...

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...

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...

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

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...

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....

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...

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...

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...

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...

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...

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

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

Kolkata-based Srei Equipment Finance has announced that it has received a credit approval of $30 million from FMO, the Netherlands’ development finance company....

Independent power producer (IPP), Avaada Energy, has announced that it has secured financing of around  ₹10 billion ($143.8 million) in the form of equity infusion from...