Avaada Energy secures Rs 1,190 crore loan from SBI for solar project

Credit: IndiaTimes- Published 3 weeks ago
Avaada Energy has secured a Rs 1,190 crore loan from the State Bank of India for a 400 MWp utility-scale solar PV project in Gujarat's Surendra Nagar district. The 20-year project loan facility will support the project's development and procurement by Gujarat Urja Vikas Nigam Limited. This marks Avaada's first venture in...

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