Avaada Group secures PPAs for 14 GW renewable energy capacity

Avaada Group has secured long-term power purchase agreements (PPAs) for 14 GW of renewable energy capacity, with plans to achieve full operational status by 2027.

Under its subsidiary Avaada Energy, the company has already commissioned 5.2 GW of capacity across nine Indian states. In parallel, Avaada is developing a 6 GW wafer-to-cell manufacturing facility in Nagpur, expected to be operational by December 2025, and a 5 GW solar module manufacturing unit scheduled to begin operations by June 2024.