News
29 September 2020

ADB invests in Avaada Energy to expand solar PV capacity in India

In:
Renewables
Region:
Asia-Pacific

The Asian Development Bank will invest $15 million in INR equivalent in Avaada Energy Private Limited (AEPL) to help the company to scale up photovoltaic solar energy generation capacity in India.This is ADB’s second investment in AEPL after a first round of $50 million invested in April 2019....

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