Avaada Group inks 6 GW hybrid project deal with Gujarat

AVAADA’s hybrid projects will provide electricity to Indian utilities, including GUVNL, and support AVAADA’s Green Hydrogen/Ammonia initiatives for captive use. Image Credit Pixabay.

Avaada Group and Gujarat Government sign a historic MoU for 6 GW hybrid wind-solar projects, investing Rs 40,000 crore. Located in Gujarat, mainly in underdeveloped areas of Kutch, it aims to generate 17.5 billion units of green electricity annually, reducing 16.3 million tons of CO2 emissions, and powering nearly 12.6 million households. This initiative also creates nearly 1200 jobs, fostering local economic growth.