Avaada plans to invest Rs 9,200 crore in Rajasthan
Renewable energy firm Avaada Group has announced its plans to invest over Rs 9,200 crore in the state of Rajasthan. This comes after PM Modi laid the foundation stone for Avaada’s 1,560 MW peak solar project and a 2,500 MWh Battery Energy Storage System (BESS) at Pugal in Bikaner, and also inaugurated a 200 MW (282 MW peak) solar project at Sri Dungargarh.
According to the firm, the investment will generate thousands of jobs and enhance grid stability.
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