Bharat Forge, Linde, STT Data Centres Buy Power From Avaada's Open Access Solar Projects

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 projects are developed under ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: Israel's Phinergy and Indian Oil to Promote Green Mobility in India

Daily News Wrap-Up: Israel’s Phinergy and Indian Oil to Promote Green Mobility in India

The Minister of Petroleum and Natural Gas & Steel, Dharmendra Pradhan, along with Minister of Energy, Israel, Yuval Steinitz, announced the launch of a joint venture (IOC Phinergy Limited) between the Indian ...
/ / Other, Renewable Energy
Bharat Forge Invests ₹28.7 Million in Avaada's Open Access Solar Project in Maharashtra

Bharat Forge Invests ₹28.7 Million in Avaada’s Open Access Solar Project in Maharashtra

Bharat Forge, a Pune-based multinational infrastructure company, made an equity investment of ₹28.7 million (~$390,437) in renewable developer Avaada’s special purpose vehicle Avaada SataraMH (ASPL). The company invested the amount ...
/ / Finance and M&A, Solar
Bharat Forge Invests ₹113.75 Million in Avaada’s Group Captive Open Access Solar Project

Bharat Forge Invests ₹113.75 Million in Avaada’s Group Captive Open Access Solar Project

A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). The investment represents 8.98% of ASPL's paid-up equity capital. The ...
/ / Finance and M&A, Solar