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Avaada Group secures $950 million in financing

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Avaada Group secures $950 million in financing

Avaada Group on Monday announced the successful financial closure of its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan. In addition, the company has secured debt financing for two 300 MW solar power projects located in Rajasthan and Gujarat. With this, Avaada has achieved total debt sanctions of nearly $950 million across three large utility-scale renewable energy projects.…

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