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Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to expand its renewables business in India, with subsidiary Avaada Energy preparing to build a large solar farm to increase clean energy, cut carbon dioxide emissions and serve millions of people in the country.
MUMBAI, India, May 30, 2024 (GLOBE NEWSWIRE) -- ~ Strengthens leadership in renewable energy with a competitive tariff of USD 0.032 per kWh Avaada Energy, a leading player in the renewable energy
Avaada Energy secured Rs 315 crore financing from Aseem Infrastructure Finance ltd (AIFL) for a solar project in Karnataka. It will be developed under a long-term captive Power Purchase Agreement (PPA) with Karnataka Milk Federation (KMF).
The funding will facilitate the development of this marquee captive project located in the Kalaburagi district of Karnataka for a cooperative entity.
Mumbai, 20th May 2024: As polling is underway in Mumbai, Senior Corporate leaders across India have actively participated in the 2024 elections and