Carrying on with the journey towards a sustainable world, Avaada has already emerged as the most reliable sustainable partner for leading corporates, ITs, MNCs and manufacturing units. Today, we are the leading provider of solar energy in India and yearn to meet our customers’ specific energy requirements with credible energy solutions, including open access solar, solar rooftop and hybrid energy.
With over 500 MW of open access solar portfolio in India, we are working with some of the leading MNCs who have committed to switch to 100% renewables. Corporates with more than 1 MW load capacity can save up to 30-50% of electricity costs, by switching to open access solar solutions.
Open Access enables corporates and industries with more than 1 MW load to buy power directly from the open market. The rights associated with Open Access Solar Power are governed by the Electricity Act 2003, to regulate competition in the market. It can be categorized on the basis of the location of the purchasing and selling parties.
In Inter-State Open Access, the purchasing and selling parties belong to different states. So, they are required to follow the Central Electricity Regulatory Commission (CERC) directives. The purchase rights can be applicable for three term periods:
For Intra-State Open Access, the purchasing and selling parties belong to the same state. So, they are required to follow the State Electricity Regulatory Commission (SERC) mandates. It also can be purchased for three term periods - short term, medium term, and long term. However, the duration of each term is determined, as per the state’s rules and regulations.
Avaada Energy is a leading Independent Power Producer (IPP) of renewable energy projects, backed by its strong Engineering, Procurement & Construction (EPC) capabilities. We have a portfolio of over 1.8 GW of renewable energy projects in India, and another 2000 MW is under implementation.
At Indian Hotels Company limited, We take pride in promoting renewable energy. We are pleased to enter into long term partnership with Avaada Energy for purchase of Solar Energy and very happy with the cost effective, timely and quality services. We wish you all the best for shining future.
We are happy to be associated with Avaada Energy, as a part of reducing the carbon foot print of our Tech Parks, and also it is a part of our CSR initiate as well. We are satisfied with the services provided by Avaada Energy, we appreciate their transparency and efficiency in their dealings with us" We cherish our association with the Company and continue to do the same in future, we wish them all the best in their contribution to the Mother Earth.
We, at Brigade, believe in creating commercial spaces which are sustainable, ones that have a smaller carbon footprint, this is our way of giving it back to nature. Avaada Energy has helped us in this achieving this by wheeling solar power into our buildings.
We are satisfied with their dedicated and experienced team and look forward to working together again!