Global Power Synergy Public Company Limited (GPSC), part of Thailand state utility PTT, on Wednesday said that it is investing another $233 million or Rs 1916.7 crore in Vineet Mittal’s solar energy company Avaada Energy Pvt Ltd, adding to an investment of $68 million made in April.
With this latest capital infusion, Avaada group has closed its planned capital raising of $1.3 billion, which was first reported by ET on 10 April.