Avaada to invest INR 20,700 crore in RE projects in Odisha

This will cover floating solar and pumped storage projects.

Avaada Group has announced that it will invest INR 20,700 crore to develop renewable energy projects in Odisha.

According to the company, the investment will fund 1,500 megawatts (MW) of floating solar projects, two 1,000 MW pumped storage projects, and green energy equipment manufacturing units.