Avaada Energy gets 820 MW hybrid project from SJVN 
News Updates

Avaada Energy gets 820 MW hybrid project from SJVN

Avaada Energy on Monday said it has secured an 820-megawatt hybrid project from state-owned power producer SJVN Limited

PTI

New Delhi: Avaada Energy on Monday said it has secured an 820-megawatt hybrid project from state-owned power producer SJVN.

The project has been secured in an e-Reverse Auction process, Avaada Energy said in a statement.

Avaada Energy has secured 820 MWp-hybrid-ISTS ( inter-state transmission system ) capacity. This project was awarded by SJVN, the company said.

Vineet Mittal, Chairman of Avaada Group, said, "This win strengthens our portfolio and underscores our dedication to supporting India’s transition to a sustainable energy future."

The company did not disclose any financial details of the project. A hybrid project is a mix of solar and wind capacity.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Stock markets decline in early trade dragged by blue-chips Reliance, ICICI Bank

EIL sets world record with longest HDD crossing for PNCPL project

India needs scale to compete with China in critical minerals: Lohum CEO Rajat Verma

TCIL blacklists Cisco from participating in its tenders for 2 yrs over KSWAN 3.0 dispute

IREDA’s subsidiary IGGEFIL sanctions first international green energy loan