Avaada Energy arranges new debt for 1.7-GWp Indian PV portfolio
- Admin
- Apr 30, 2024
- 1 min read
Avaada Energy, part of India's Avaada Group, has completed a significant debt refinancing deal worth INR 44.71 billion for a 1.7 GWp solar portfolio in Rajasthan. This deal, one of the largest in India's renewable sector, involves four solar PV parks and is financed by NaBFID with a 20-year RTL, aimed at improving financial terms and supporting Avaada's target of 11 GWp capacity by 2026.
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