Avaada plans Rs 2.5 lakh crore capex to charge up renewables business

Avaada Group plans to invest ₹2.5 lakh crore by 2031 in manufacturing facilities for ingot, wafers, and glass. The company aims to implement 11.5 gigawatts by 2026 and 30 gigawatts by 2030. They are also constructing solar panel factories and focusing on green hydrogen and ammonia ventures.