Avaada Power Commits USD 1.55 Billion Investments in Uttar Pradesh; Signs MoU to Develop Solar Projects in the State.
Vineet Mittal, Chairman, Avaada Group, said, "We are geared up to support Uttar Pradesh's mission of utilizing the potential of the sun to power its development needs sustainably. We are working aggressively to help catapult the state on the clean energy trajectory. The state falls under high solar irradiation zone, which offers tremendous opportunities for expanding its clean energy portfolio. We are glad that this MoU will enable Uttar Pradesh to be the front runner in achieving Hon. Prime Minister's vision of 100GW of solar energy by 2022. The company is committed to provide affordable, clean and abundant power for the country and will continue to focus on innovative green technologies".