Avaada Group to launch a project of Rs 500 billion
POWER & RENEWABLE ENERGY

Avaada Group to launch a project of Rs 500 billion

An integrated power plant to produce 5,000 MW of renewable energy in Andhra Pradesh has been proposed by Avaada Group. 7,300 people are anticipated to be employed as a result.

The group has signed an MoU at the Investors Summit to put up the project at a potential cost of Rs 500 billion. In 2012, Avaada Group initially established its project at Pulivendula. In Coastal Andhra and Rayalaseema, as part of the integrated project, it will install solar, wind, and pumped storage hydropower units. One of India's largest renewable energy projects has been launched by Avaada Energy, the parent business of the Avaada Group, in 11 states.

An analysis of the viability of integrated renewable energy projects in the State revealed that locations around the port are the best places for their placement. They intend to establish the project in Srikakulam or Kakinada.

Additionally, the group plans to build wind and solar energy facilities in Chittoor or Anantapur. The pumped storage hydropower project will be connected to the electricity produced by the solar and wind power facilities.

Also read:
Jishnu Baruah new Chairman of CERC
India approves $3.9 billion hydropower project near Chinese border


An integrated power plant to produce 5,000 MW of renewable energy in Andhra Pradesh has been proposed by Avaada Group. 7,300 people are anticipated to be employed as a result. The group has signed an MoU at the Investors Summit to put up the project at a potential cost of Rs 500 billion. In 2012, Avaada Group initially established its project at Pulivendula. In Coastal Andhra and Rayalaseema, as part of the integrated project, it will install solar, wind, and pumped storage hydropower units. One of India's largest renewable energy projects has been launched by Avaada Energy, the parent business of the Avaada Group, in 11 states. An analysis of the viability of integrated renewable energy projects in the State revealed that locations around the port are the best places for their placement. They intend to establish the project in Srikakulam or Kakinada. Additionally, the group plans to build wind and solar energy facilities in Chittoor or Anantapur. The pumped storage hydropower project will be connected to the electricity produced by the solar and wind power facilities. Also read: Jishnu Baruah new Chairman of CERC India approves $3.9 billion hydropower project near Chinese border

Next Story
Infrastructure Urban

LAC Partnership Holds Potential for Economic Expansion: Goyal

Union Minister of Commerce & Industry, Piyush Goyal highlighted thatthere remains significant untapped potential for economic and trade expansion. Goyal, addressed the 10th CII India-LAC Conclave at New Delhi, emphasising the growing importance of India’s economic engagement with the Latin American and Caribbean (LAC) region. He said, the India-LAC partnership is not just about business but also about cultural exchanges, shared traditions, and a collective commitment to preserving heritage. He noted that the passion for festivals, sporting spirit, and rich histories of both regions provide ..

Next Story
Infrastructure Urban

ULIP Surpasses 100 Crore API Transactions

Unified Logistics Interface Platform (ULIP) has reached a significant milestone, recording 100 crore API transactions, reinforcing its role as a game-changer in India's logistics sector. This achievement marks a significant step toward building a world-class, technology-driven logistics ecosystem that fuels industrial growth under Make in India and accelerates the vision of Viksit Bharat 2047. The Union Minister of Commerce & Industry Piyush Goyal, commended the achievement, stating, “ULIP's success wouldn't have been possible without the collaborative efforts of our users, logistics stakeh..

Next Story
Infrastructure Urban

Centre for Development of Telematics launches ‘Samarth’

Centre for Development of Telematics (C-DoT), an autonomous Telecom R&D centre of Department of Telecommunication (DoT), Government of India launches first cohort of Incubation Program named as “Samarth” with a focus on fostering innovation and promoting technological advancements in India’s telecommunications and IT sectors. “Samarth” Incubation Program is designed to provide comprehensive support for startups and innovators engaged in creating next-generation technologies in the fields of Telecom Software Applications, Cyber Security, 5G/6G Technologies, AI, IoT Applications & Qua..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?