Avaada Group has signed a memorandum of understanding with the Gujarat government to set up hybrid wind-solar projects with an aggregate 6 GW capacity in the state with an investment of about Rs 400 billion.
The hybrid projects, located in various districts of Gujarat, predominantly in the underdeveloped waste lands of Kutch, will supply power to various utilities of India including Gujarat Urja Vikas Nigam Limited, and for captive use of Avaada’s green hydrogen/ammonia projects. These projects will substantially reduce the carbon emission and dependability of conventional power sources. With an estimated annual generation of 17.5 billion units of green electricity, this will lead to a reduction of approximately 16.3 million tons of CO2 equivalent emissions annually, contributing significantly to India’s green energy supply and powering nearly 12.6 million households.
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