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Avaada Energy
Avaada Energy, a renewable energy developer, has won a 280 Megawatt Peak (MWp) capacity through tariff-based competitive bidding by Solar Energy Corporation of India (SECI) for the 2 GW ISTS-connected Solar Projects (Tranche XI). The bidding allows Avaada Energy to establish the solar power project anywhere in India and provide green electricity at a tariff of Rs 2.61 per unit on a long-term basis. The project is expected to be operational within 18 months from the signing of the Power Purchase Agreement.
Location: NA
Estimated Value (Rs. Cr): NA
Sector: Solar
Project Stage: Contract Award
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