Mumbai,
August 17 (HS): Avaada Group, a pioneer in green energy solutions, proudly announces
that the Chief Minister of Uttar Pradesh, Yogi Adityanath Ji, has inaugurated
Avaada Group’s70 MW Solar Power Project in Banda district of Uttar Pradesh. The inauguration ceremony was also graced by
the Minister of Energy & Additional Sources of Energy, Arvind Kumar Sharma
Ji; Minister of State for Energy & Additional Sources of Energy, Somendra
Tomar Ji; Chief Secretary of Uttar Pradesh Manoj Kumar Singh ji; Avaada Group’s
visionary Chairman, Vineet Mittal ji, along with other distinguished
dignitaries from the Government of Uttar Pradesh.
The
70 MW Banda Solar Power Project was completed in just 18 months with an
investment of approximately INR 408 crore. This project will not only supply
green energy to various industries but also provided employment to around 1,000
people during its construction.
Once
operational, this solar project is expected to generate approximately 160
million units of renewable energy annually, significantly contributing to
India’s green energy goals and bringing the country closer to a sustainable
future.
During
the inauguration, Chief Minister of Uttar Pradesh, Yogi Adityanath Ji,
commended Avaada Group’s strong commitment to bolstering investments in
renewable energy within the state, contributing significantly to PM Modi Ji’s
ambitious target of achieving 500 GW of renewable energy by 2030. CM Yogi Ji emphasized
that the inauguration of the 70 MW solar power plant marks a significant
milestone in the development of the Bundelkhand region. He noted that this
project is a testament to the progress being made on the MoUs signed during the
UP Global Investors Summit, demonstrating Avaada Group's dedication to turning
commitments into reality. In his address, he further stated, “As Avaada Group
has shown great interest and fulfilled their commitment by establishing this
solar power project, I am confident they will continue to explore and expand
their efforts in the green energy sector within Uttar Pradesh. I also urge
other organizations to seize the opportunities in our state's renewable energy
space and contribute to generating more employment for our people.”
Speaking
at the inauguration event, Vineet Mittal, Chairman of Avaada Group, praised the
leadership of the Chief Minister of Uttar Pradesh, Yogi Adityanath Ji, along
with the state government’s good governance, investor-friendly policies, and
remarkable commitment to transforming the state’s power sector.
“As
the state continues to evolve and grow, I am proud to reaffirm Avaada’s
commitment to Uttar Pradesh. We have established renewable energy plants across
various districts, including a 50 MW solar project in Badaun, a solar project
at the Ordinance Factory in Kanpur, and, of course, this 70 MW project in
Banda. The success of Banda Solar Project would not have been possible without
the unwavering support of the Government of Uttar Pradesh. The allocation of 70
MW connectivity by the Uttar Pradesh Power Transmission Corporation Ltd
(UPPTCL), the facilitation of land permissions by the Uttar Pradesh New and
Renewable Energy Development Agency (UPNEDA), and the support in constructing the
interconnection bay and transmission line have all been crucial in bringing
this vision to life,” Vineet Mittal added.
Speaking
about Avaada Group’s plans for the state, Mittal said “our commitment to Uttar
Pradesh is strong and unwavering. We are developing two Pumped Storage Projects
with an aggregate capacity of 2,190 MW including 1,560 MW in Sonbhadra and 630
MW in Mirzapur districts, along with around 1,000 MW capacity of solar power
projects in Jalaun, Chitrakoot, and Lalitpur districts in UP, with an
investment of approximately INR 20,000 crore.”
Hindusthan Samachar / Abhishek Awasthi / Indrani Sarkar
