Avaada Energy bags order from Solar Energy Corporation
Green energy developer Avaada Energy has bagged an order for a 280-megawatt renewable energy project from Solar Energy Corporation of India (SECI). The firm bagged the project under tariff-based competitive bidding carried out by SECI as a part of SECI's 2 GW ISTS (inter-state transmission system ) connected solar projects (Tranche XI).
The firm did not disclose any financial details related to the project but as per industry standards, it is worth Rs 6-7 crore.
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