ACME Solar Holdings has secured ₹1,571 crore in long-term project financing from India Infrastructure Finance Company Limited (IIFCL) for the development of its 300 MW assured peak power project in Rajasthan. The financing marks IIFCL’s first sole greenfield financing for ACME Solar, with IIFCL serving as the sole lender. The loan carries a 19-year repayment…
Avaada Electro, the solar manufacturing arm of Avaada Group, has filed its Updated Draft Red Herring Prospectus (UDRHP) with SEBI for a proposed ₹7,600-crore IPO. The IPO will comprise a fresh issue of up to ₹1,600 crore and an Offer for Sale (OFS) of up to ₹6,000 crore by promoter Avaada Ventures. Of the fresh…
KPI Green Energy Limited has achieved its highest-ever quarterly capacity energization, commissioning more than 630 MW DC across its Independent Power Producer (IPP) and Engineering, Procurement & Construction (EPC) businesses during the June–August 2026 quarter. The milestone represents the company’s fastest pace of capacity addition since inception. Notably, the 630+ MW DC energized in just…
Avaada Group has signed an MoU with the Haryana Enterprises Promotion Centre (HEPC), Government of Haryana, to develop a 300-acre Zero-CBAM Green Industrial Campus in Hisar with a proposed investment of approximately ₹10,000 crore. Key Highlights: The campus aims to integrate renewable energy, industrial infrastructure and green manufacturing, helping industries reduce carbon intensity and prepare…
