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.)

NTPC floats EoI, invites commercial & industrial entities to invest 26% equity in co-generation projects

India, EU agree to continue dialogue on carbon markets and CBAM methodologies: Power Ministry

Coal stock depletion at power plants slows to 0.06 MT a day in October: Coal Ministry

Grid-India floats EoI inviting firms to develop indigenous SCADA software, offers incentives of up to Rs 10 cr each

Bhupender Yadav inaugurates new IBCA headquarters in New Delhi