21 Feb '18, 7pm

Avaada Power Signs MoU for Solar Projects in India

The investment is expected to create close to 3,700 employment opportunities. Some of the funds will be invested in projects for under-developed and developing regions, thereby offering employment opportunities to the communities located there. The company’s commitment is in line with Uttar Pradesh’s annual target of 2,000 MW production capacity of solar energy. The MoU was signed as part of ‘UP Investors Summit 2018’, in the presence of Honorable Chief Minister of Uttar Pradesh Shri Yogi Adityanath. Uttar Pradesh currently has an installed capacity of 569.35 MW solar energy and has the potential to touch a high generation figure of 22.8 GW. Energy generated through these projects is anticipated to be enough to power nearly 7.44 million households in Uttar Pradesh. Commenting on the investment, Vineet Mittal, Chairman, Avaada Group, said, “We are geared up to support Uttar...

Full article: https://www.renewableenergymagazine.com/pv_solar/avaada-p...

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Avaada Power Sings MoU for Solar Projects in India

Avaada Power Sings MoU for Solar Projects in India

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