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6 hours ago

Avaada Secures $950 Million for FDRE and Solar Projects

Avaada Group has secured nearly $950 million in debt financing for three utility-scale renewable energy projects, including a major Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, and two 300 MW solar projects in Rajasthan and Gujarat. The projects are backed by PPAs with SJVN, NTPC, and SECI.

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