Avaada Group, a diversified energy company, has signed a Memorandum of Understanding with the Government of Gujarat to invest a total of ₹36,000 crore in solar, wind, and battery energy storage system (BESS) projects across the state. The agreement was signed at the Vibrant Gujarat Global Summit 2025 and underscores Avaada’s commitment to supporting Gujarat’s vision of becoming a hub for clean and sustainable energy, while contributing to India’s green energy transition. Under the terms of the MoU, Avaada Group will develop 5 gigawatts of solar power projects, 1 gigawatt of wind power projects, and 5 gigawatt-hours of BESS projects.
These projects will be implemented in the districts of Kutchh, Banaskantha, and Surendranagar, and are expected to commence between 2027 and 2030. The integration of renewable energy generation with advanced battery storage will help improve grid reliability and ensure efficient storage and dispatch of green power beyond solar hours.
The combined portfolio of projects is expected to generate more than 1,000 direct and 2,000 indirect green jobs in the state. Additionally, during the construction phase, employment opportunities will be provided to nearly 5,000 people. Alongside job creation, the projects will contribute to significant environmental benefits, including the reduction of over 12 million tons of CO₂ emissions and the conservation of approximately 166 million litres of water annually through robotic module cleaning technology.
Avaada Group recently inaugurated its 280 megawatt solar power project in Surendranagar, Gujarat, which was attended by Prime Minister Narendra Modi. The project, developed under the Gujarat State Solar Policy, spans 1,170 acres in the villages of Tavi and Varsani and involved an investment of ₹1,500 crore. It is equipped with ALMM-certified, Make in India TOPCon N-Type bifacial solar PV modules, reflecting the company’s emphasis on domestic manufacturing and technological innovation. In addition, the Prime Minister laid the foundation stone for Avaada’s 100 megawatt solar project in Vadodara district. Spread across 350 acres, this project is expected to involve an investment of ₹400 crore.
Hon’ble Chief Minister of Gujarat, Shri Bhupendra Patel ji, said in a statement, “Avaada Group has been a trusted partner in Gujarat’s renewable energy journey since signing its first 40 MW MoU sixteen years ago. Their new ₹36,000 crore investment in solar, wind, and battery storage further strengthens our shared vision for sustainable growth. The Government of Gujarat has assured full support for the speedy implementation of these projects, as Round-the-Clock green power is essential for realising the Hon’ble Prime Minister Shri Narendra Modi ji’s vision of a Viksit Bharat.”
Hon’ble Union Minister for New and Renewable Energy, Shri Pralhad Joshi ji, stated, “India’s journey towards energy independence is being powered by visionary partnerships and bold investments like this. Avaada Group’s commitment to developing large-scale solar, wind, and battery storage capacity in Gujarat will not only strengthen our green energy ecosystem but also help us achieve the Hon’ble Prime Minister’s vision of Atmanirbhar Bharat and Net Zero by 2070. The Ministry of New and Renewable Energy welcomes such initiatives that combine innovation, sustainability, and employment generation, making India a global leader in the clean energy transition.”
Mr. Vineet Mittal, Chairman of Avaada Group, mentioned,“Our solar power journey started with India’s first large-scale, ground-mounted 15MWp solar plant in Gujarat. With the signing of this MoU, we are proud to partner with the Government of Gujarat in its journey towards sustainable growth. We believe this investment is a step forward in realising India’s renewable energy ambitions, enhancing energy security and reducing carbon emissions. At Avaada Group, we are firmly committed to expand all the renewable sources of energy and make it as reliable as conventional power to supply round-the-clock green power at affordable price and shape a sustainable, self-reliant nation.”
Beyond energy generation, Avaada Group has focused on community development through a range of initiatives. The company conducts free tuition classes, educational trips, and career counselling sessions for students, and has established a computer lab at a primary school to promote digital learning. Through its Stitching Centre, Avaada empowers women with skills in cutting and stitching, helping them achieve financial independence. These projects collectively demonstrate Avaada Group’s dedication to advancing India’s energy independence, promoting decarbonization, and supporting sustainable growth, while providing tangible socio-economic benefits for the people of Gujarat.
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