Avaada Energy Secures Rs 315 Cr for Karnataka Solar Project 

Avaada Energy has closed Rs 315 crore financing for a solar project in Karnataka under a long-term agreement with Karnataka Cooperative Milk Producers’ Federation.

The financing was provided by Aseem Infrastructure Finance Limited, an IFC dedicated to supporting Indian infrastructure growth with competitive project loans.

The solar PV project, located in Kalaburagi, Karnataka, showcases Avaada’s strong project development and financing capabilities, expected to complete by Q3 FY25.

Avaada Energy aims to reach 11 GWp capacity by 2026, contributing significantly to India’s renewable energy and sustainable fuel transition.

Click Here