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Avaada Group inks MoU with REC for a $1.8 bn Green Ammonia Project Financing
The MOU was executed with due ceremony in Bhubaneshwar, graced by the presence of CMD Vivek Kumar Dewangan of REC and Hemant Kumar Sharma, Principal Secretary, Industries Department, Govt. of Odisha.Read more
Brookfield making sustainable energy investment for $1 bn in Avaada Ventures
A formal agreement was signed recently between Canadian investor Brookfield and serial entrepreneur Vineet Mittal, founder of the Avaada group to invest into country biggest sustainable energy investment, told people aware on the topic demanding anonymity.Read more
Solar market in a bright spot
As India looks to become a net-zero economy by 2070, the country’s renewable sector can have an economic impact of over $ 1 trillion by 2030 and $15 trillion by 2070, as per CII-Mercom report. But, how much of this transition towards green energy will be powered through locally manufactured components and systems, says Rakesh Rao.Read more
