Avaada in talks with global lenders to raise $1 billion project debt
Avaada Group, a renewable energy firm, aims to secure $1 billion in project finance debt from global lenders to support its growth plans. The company has already secured a substantial amount from domestic institutions and is in talks with international financial institutions. Despite ambitious targets of reaching 11 GWp by 2026 and 30 GWp by 2030, Avaada Group is facing hurdles in obtaining funds.