Reportedly, Avaada Group is set to invest Rs 1 trillion over the next five years as part of its strategy to become a vertically integrated clean energy company.
The group currently has an operational capacity of 6.1 GWp and aims to scale this to over 30 GWp by 2031. The investment roadmap spans solar, wind, hybrid, pumped hydro, and battery storage, supported by Avaada’s end-to-end manufacturing facility in Nagpur that converts polysilicon to solar modules. The group is responding to surging demand from global capability centres, artificial intelligence powered data centres and infrastructure expansion under vision 2047.
