By carrying on with the journey towards a sustainable world, Avaada has already emerged as the most reliable partner for leading corporations, IT firms, 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 third-party sales through open access arrangements, rooftop, and hybrid energy.
With over ~800 MW of open access solar portfolio in India, we are working with some leading MNCs who have committed to switching 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 corporations and industries with more than 1 MW loads to directly buy power from the 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 based on the location of the purchasing and selling parties.
In the captive Capex model, the Corporate / Industry buyer for a utility-scale solar project makes the upfront capital investment. The buyer owns the power-generating asset, and the solar power generated is used for the corporate buyer's self-consumption. Avaada Energy constructs the plant and also operates and maintains it over its lifetime.
At Avaada, we can meet all your business’ electricity needs by supplying you with solar power from our off-site private solar farms across India. Open access power tariffs are much cheaper than grid tariffs. For industrial and commercial consumers, open-access power translates into regular electricity supply at a lower cost, while also helping reduce their carbon footprint.
In Inter-State Open Access, the purchasing and selling parties belong to different states. In such cases, the transaction is governed by regulations and guidelines of the Central Electricity Regulatory Commission (CERC) directives. CERC
For Intra-State Open Access, the purchasing and selling parties belong to the same state. The transaction in the Intra-state case is governed by regulations and guidelines issued by the State Electricity Regulatory Commission (SERC). The duration of the contract, as specified by SERCs, is short-term, medium-term, and long term.
We provide long-term solutions with top-quality equipment, customized engineering designs, financing options, operation, and management of solar assets. Rely on Avaada Energy for a smooth and hassle-free experience.
Avaada Energy is a leading Independent Power Producer (IPP) of renewable energy projects, backed by its strong Engineering, Procurement & Construction (EPC) capabilities, and has a portfolio of over ~4 GW of renewable energy projects in India. We aspire to be a snowball and a 30 GW company by 2030 with a significant focus on the various geographies of India.
Capicity - 40.5
location - Karnataka, BelaryKNOW MORE
Capicity - 40.5
location - Karnataka, ChitradurgaKNOW MORE
Capicity - 81
location - Karnataka, BagalkotKNOW MORE
Capicity - 40.5
location - Karnataka, BellaryKNOW MORE
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!