Avaada Group Secures $1.3B for 2,150 MW India Renewables

August 1, 2025 – Indian renewable energy developer Avaada Group has secured $1.3 billion in financing for a 2,150 MW clean energy portfolio, marking a significant milestone for the company’s expansion in Gujarat and Maharashtra. The funds, sanctioned by leading Indian financial institutions, will support a mix of hybrid and utility-scale solar projects designed to supply affordable electricity to state-owned distribution companies under long-term power purchase agreements.

The financing