Avaada Group plans to raise $1 billion in debt by March 2025 for its Renewable Energy projects, targeting 30 GW capacity by 2030. With 4 GW operational, the group aims for 11 GW by 2026. Avaada’s portfolio includes 5 GWh battery storage and 10 GWh hydel storage. It is investing Rs 13,560 crore in a 5 GW solar plant and has secured $1.
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