Brookfield set to invest $1 billion in Avaada, boosting India’s RE industry

Brookfield Asset Management, a leading global infrastructure and renewable energy investor, has announced plans to invest $1 billion in Avaada Energy, one of India’s fastest-growing renewable energy companies. The investment will help Avaada expand its portfolio of renewable energy assets and accelerate its growth in the Indian market. Avaada Energy, which was founded in 2017…

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Power Grid Approves 4,071 Crore Transmission Projects

Power Grid Corporation of India Limited (PGCIL), the state-owned electric utilities company, has approved transmission projects worth Rs. 4,071 crore. The projects are aimed at strengthening the power transmission infrastructure in the country and ensuring uninterrupted power supply to consumers. The projects include the establishment of a transmission system for the evacuation of power from…

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