Avaada Group to Transform Madhya Pradesh into a Green Energy Hub

Avaada Group plans a Rs 50,000 crore investment in Madhya Pradesh for solar, wind, and battery energy projects, aiming to develop over 10,000 MW of renewable energy. Partnering with the state government, Avaada seeks to strengthen Madhya Pradesh's clean energy ecosystem and has targeted a renewable capacity of 11 GWp by 2026.

Avaada Group, a major player in renewable energy, announced its ambitious plan to invest Rs 50,000 crore in Madhya Pradesh over the next three to five years. This investment will support various clean energy projects as part of Avaada's expansion strategy.

At the MP Global Investors Summit 2025, Chairman Vineet Mittal revealed the company's significant investment in solar, wind, and battery energy sectors, envisioning a total development of over 10,000 MW. Avaada has already secured a Memorandum of Understanding with the state government, committing to its clean energy vision.

The group plans to enhance the state's renewable energy ecosystem with new green energy equipment manufacturing facilities, solidifying Madhya Pradesh's status as a leader in India's energy transition. Avaada's commitment is further supported by strategic partnerships with entities like SECI, NTPC, NHPC, and SJVN.

(With inputs from agencies.)