avaada-energy

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Project Finance Brief: energyRe Secures $240 Million for Solar and Storage Project

From: Mercom Capital Group energyRe, an independent solar, wind, and energy storage project developer, secured $155 million in project financing and an $85 million tax...

May 8, 2024

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Staff

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Uncategorized
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Avaada Secures ₹11.9 Billion Green Financing for 400 MW Solar Project

Avaada Energy, the renewable energy division of Avaada Group, has secured green financing of ₹11.9  billion (~$143 million) from the State Bank of India (SBI), a public...

May 2, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Project Finance Brief: Origis Secures $136 Million for 75 MW Solar Project

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and solar project developer, secured a $136 million construction financing...

April 24, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: RECPDCL’s Tender for 223 MW Solar Projects

REC Power Development and Consultancy has floated a tender to set up 223 MW Inter-State Transmission System-connected solar power projects anywhere in India. The...

April 22, 2024

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Mercom Staff

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Daily Wrap-up
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Sprng Energy, AMPIN, Juniper, ReNew, Avaada Win NTPC’s 1 GW Hybrid Auction

Sprng Energy, AMPIN Energy Transition, Juniper Green Energy, ReNew Solar Power, and Avaada Energy have won NTPC’s auction for the supply of 1,000 MW power from...

April 17, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions

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Wind
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Juniper, O2 Power and Avaada Win NHPC’s 1.5 GW Wind-Solar Hybrid Auction

Juniper Green Energy, Energizent Power (O2 Power), and Avaada Energy have won NHPC’s auction to set up 1,500 MW of interstate transmission system (ISTS)-connected...

February 13, 2024

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Satish Shetty

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Solar

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Tenders and Auctions

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Wind
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Daily News Wrap-Up: SECI’s 1 GW ISTS-Connected Solar Projects Auction

Avaada Energy, Sprng Energy, ReNew Solar Power (ReNew), and Solarcraft Power India 8 (Blupine Energy) won the Solar Energy Corporation of India’s (SECI) auction to set...

December 21, 2023

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Mercom Staff

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Daily Wrap-up
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ENGIE, Avaada, Jakson and Mahindra Among Winners of NHPC’s 3 GW Solar Auction

Solairedirect Energy India (ENGIE), Avaada Energy, Hazel Hybren (Mahindra), Jakson, Sprng Energy, Green Infra Wind Energy (Sembcorp), Apraava Energy, and Hinduja...

November 6, 2023

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Satish Shetty

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Solar

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Tenders & Auctions
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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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