Avaada Group: Powering India's Clean Energy Revolution
Key Ideas
  • Avaada Group plays a pivotal role in India's energy transition, with over 5.4 GW of renewable energy capacity operational and plans for an additional 9.65 GW under firm PPAs.
  • The group's focus on domestic solar manufacturing is evident through the development of end-to-end facilities in Dadri, Greater Noida, and Butibori, strengthening India's position in the global solar supply chain.
  • Avaada is investing in energy storage solutions with 11 GW of pumped storage capacity and 16 GWh of BESS to ensure grid stability and reliable electricity supply.
  • In alignment with India's Green Hydrogen Mission, Avaada is venturing into green hydrogen and ammonia production to decarbonize heavy industries and position the country as a global leader in the green hydrogen economy.
As India aims to achieve 500 GW of non-fossil fuel power capacity by 2030, Avaada Group emerges as a significant player in shaping the nation's energy landscape. With a current operational capacity of over 5.4 GW in renewable energy and plans for an additional 9.65 GW under firm Power Purchase Agreements (PPAs), Avaada's projects span across regions like Rajasthan, Maharashtra, and Karnataka, contributing significantly to India's net-zero goals by reducing carbon emissions. Avaada's commitment to boosting domestic solar manufacturing is evident through its manufacturing arm, Avaada Electro. The group has established cutting-edge facilities in Dadri, Greater Noida, and Butibori focused on end-to-end solar manufacturing, showcasing India's advancement in the global solar supply chain. Recognizing the importance of energy storage in ensuring grid reliability, Avaada is developing large-scale storage solutions with pumped storage capacity projects across multiple states and the integration of Battery Energy Storage Systems (BESS) into Firm and Dispatchable Renewable Energy (FDRE) projects. Moreover, Avaada is at the forefront of the green hydrogen and ammonia production sector, aligning with India's National Green Hydrogen Mission. These initiatives aim to decarbonize key industries like steel, cement, and fertilizers while positioning India as a prominent player in the green hydrogen economy. Beyond energy, Avaada's projects have had a positive impact on job creation, generating over 10,000 green jobs and emphasizing local hiring and vocational training. Additionally, the group has garnered substantial global investments, reflecting trust in India's renewable growth story and aiding in the development of low-carbon infrastructure at a scale aligned with the country's ambitions.
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