Avaada Energy Secures ₹6 Billion Refinancing for Solar Projects

The refinancing was secured from NIIF Infrastructure Finance

October 15, 2024

/ Staff
/ Finance and M&A, Renewable Energy, Solar
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Avaada Energy, the renewable energy arm of the Avaada Group, closed a ₹5.97 billion (~$71 million) refinancing deal with NIIF Infrastructure Finance (NIIF IFL) for its commercial and industrial solar projects in Karnataka and Maharashtra.

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