Avaada Energy Wins 820-Megawatt Hybrid Project from SJVN

Avaada Energy has been awarded an 820-megawatt hybrid project by SJVN in an e-Reverse Auction. This marks a significant milestone for Avaada as it enhances its portfolio and furthers its commitment to sustainable energy solutions. The financial details of the project remain undisclosed.


PTI | New Delhi | Updated: 01-07-2024 15:10 IST | Created: 01-07-2024 15:10 IST
Avaada Energy Wins 820-Megawatt Hybrid Project from SJVN
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Avaada Energy announced on Monday that it has secured an 820-megawatt hybrid project from state-owned power producer SJVN.

The project was won through an e-Reverse Auction process, Avaada Energy revealed in a statement. This initiative, a mix of solar and wind capacity, adds 820 MWp-hybrid-ISTS (inter-state transmission system) to Avaada's growing portfolio.

Commenting on the win, Vineet Mittal, Chairman of Avaada Group, expressed that the achievement bolsters the company's commitment to supporting India's transition to sustainable energy. While the project details were shared, financial specifics remain undisclosed.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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