From pv journal India
Avaada Vitality, a unit of Avada Groupsecured a 280 MW (DC) photo voltaic mission from RUVNL. It is going to arrange the state transmission grid-connected PV energy mission within the Indian state of Rajasthan.
The corporate gained the mission by means of tariff-based aggressive bidding in an public sale. the The mission will present energy to RUVNL for 25 years at a tariff of INR 2.62 ($0.032)/kWh. The fee interval is eighteen months from the award of the mission.
“The plant is estimated to generate about 500 million items per yr, which can assist scale back 4,65,500 tonnes of CO2 equal emissions per yr. The photo voltaic mission can energy 3.6 lakh households with inexperienced power,” Avaada stated.
Avaada Group is engaged in varied energy-related companies, together with the manufacture of photo voltaic modules and electrolyzers, in addition to renewable electrical energy era, inexperienced hydrogen, and inexperienced ammonia manufacturing.
Its present renewable power portfolio is at 4 GW, with targets to achieve 11 GW by 2026 and 30 GW by 2030.
As well as, the group is increasing its photo voltaic PV provide chain operations by manufacturing photo voltaic cells and modules. Avaada Vitality has secured a strategic funding from GPSC, a subsidiary of Thailand-based PTT Group.
This content material is protected by copyright and might not be reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.
