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Avaada Group secures $950 million debt financing from consortium of global and domestic banks
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Avaada Group secures $950 million debt financing from consortium of global and domestic banks
Avaada Group today announced the successful financial closure of its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, marking India’s largest financing transaction in the FDRE segment. In addition, the company has secured debt financing for two 300 MW solar power projects located in Rajasthan and Gujarat. With this, Avaada has achieved total debt sanctions of nearly $950 million across three large utility-scale renewa…
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