Other Private Equity/Strategic Investments
Avaada Energy raises addl $233-M from Thailand state utility PTT
Global Power Synergy Public Company Ltd (GPSC), part of Thailand's state utility PTT, is investing another USD 233 million (INR 1916.7 crore) in Mumbai-headquartered solar energy company Avaada Energy Pvt Ltd. PTT had invested USD 68 million in April Avaada Energy is involved in setting up utility scale solar projects as well as projects to supply green energy to commercial and industrial clients. It is also entering the battery storage segment.
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