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Current company Avaada Group
Renewable Energy Semiconductor Manufacturing · 2.4K employees · Founded 2009 · Andheri East Mumbai, Maharashtra, India
Avaada Group is a diversified clean energy conglomerate focused on the global energy transition, providing solutions in renewable power generation, solar PV manufacturing, green hydrogen and derivatives, green data centers, battery energy storage systems, and pumped hydro storage solutions. As one of the best renewable energy companies in India, Avaada has established a strong presence in sustainable growth, innovation, and the global energy transition.
Under the astute leadership of Mr. Vineet Mittal, the Group has established itself as a significant player on the global energy stage. Avaada Energy, the Group’s flagship renewable power generation arm, is on track to achieve 11 GW of installed capacity by 2026. With robust execution capabilities and a strong track record, Avaada continues to strengthen its position as one of the top solar energy companies and a trusted green energy supplier. Avaada has earned the trust of global investors, securing an equity raise of US $1.3 billion in 2023, including a US $1 billion investment commitment from Brookfield’s Energy Transition Fund and US $300 million from Global Power Synergy Public Company Limited, part of the PTT Group.