Avaada in talks with global lenders to raise $1 billion project debt
- Posted on May 14, 2025
- By Financial Express
- 5 Views
Avaada in talks with global lenders to raise $1 billion project debt
Avaada Group is in talks with global lenders like SMBC and BNP Paribas to raise over Rs 8,500 crore project debt for renewable energy expansion. With 3,000 MWp under construction, it targets 30 GWp by 2030 and plans Rs 35,000–40,000 crore investments in solar, wind, PSP, and green hydrogen.
