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Avaada Group secures $950 million financing from consortium of global and domestic banks
Jun 1, 2026
Economic Times

Avaada Group secures $950 million financing from consortium of global and domestic banks

Avaada Group just got a huge $950 million boost for its clean energy projects! They've secured financing for India's biggest Firm and Dispatchable Renewable Energy project in Bikaner, Rajasthan, plus two solar farms. The company said, "Avaada has achieved total debt sanctions of nearly US$950 million." This big deal shows trust in new clean energy tech.