Avaada Group is looking to add renewable energy projects totalling 5 gigawatt (GW) in the current financial year as the company has signed PPAs and received connectivity approvals for the upcoming capacities, a company executive said.
The group was able to add 2 GW of renewable energy projects during the last financial year, said Chairman Vineet Mittal.
Another 1-2 GW capacity could have been added in FY26 but due to issues related to signing of PPAs and transmission infrastructure , the company was unable to do so, he noted.
“Last year we could have brought 1-2 gigawatts more, but due to delays in the signing of PPAs and delays in full readiness of the transmission system, we had to align our commissioning schedule with the readiness transmission system,” Mittal said in reply to a question if his company had to push timelines for planned capacities due to transmission and grid connectivity issues.
With addition of 5GW, the company’s overall operational capacity will reach 12GW by
