Avaada Energy secures an 820 MW hybrid project from SJVN in an e-Reverse Auction. The project, a mix of solar and wind, strengthens Avaada's portfolio and supports India's renewable energy transition.
New Delhi, Jul 1 (PTI) Avaada Energy on Monday said it has secured an 820-megawatt hybrid project from state-owned power producer SJVN.
The project has been secured in an e-Reverse Auction process, Avaada Energy said in a statement.
Avaada Energy has secured 820 MWp-hybrid-ISTS ( inter-state transmission system ) capacity. This project was awarded by SJVN, the company said.
Vineet Mittal, Chairman of Avaada Group, said, "This win strengthens our portfolio and underscores our dedication to supporting India's transition to a sustainable energy future."
The company did not disclose any financial details of the project. A hybrid project is a mix of solar and wind capacity.
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