{"id":592465,"date":"2023-07-21T11:04:54","date_gmt":"2023-07-21T05:34:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592465"},"modified":"2023-07-21T13:05:39","modified_gmt":"2023-07-21T07:35:39","slug":"avaada-clinches-rs-20000-crore-rec-funding-for-clean-energy-ventures","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/avaada-clinches-rs-20000-crore-rec-funding-for-clean-energy-ventures\/","title":{"rendered":"Avaada clinches Rs 20,000 crore REC funding for clean energy ventures"},"content":{"rendered":"<p>NEW DELHI: Mumbia-based Avaada group has clinched a Rs 20,000 crore, or over $2 billion, funding for its energy transition projects from state-run power sector lender REC (Rural Electrification Corporation), the Vineet Mittal-promoted company said on Thursday. <\/p>\n<p>The companies signed the MoU for this investment on the sidelines of the 4th meeting of the G20 Energy Transition Working Group in Goa. Avaada will utilize the funding for setting up a slew of renewable energy projects such as green hydrogen and its derivatives, solar photovoltaic cell manufacturing as well as an assortment of solar, wind and hybrid projects across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Mumbia-based Avaada group has clinched a Rs 20,000 crore, or over $2 billion, funding for its energy transition projects from state-run power sector lender REC (Rural Electrification Corporation), the Vineet Mittal-promoted company said on Thursday. The companies signed the MoU for this investment on the sidelines of the 4th meeting of the G20 Energy Transition Working Group in Goa. Avaada will utilize the funding for setting up a slew of renewable energy projects such as green hydrogen and its derivatives, solar photovoltaic cell manufacturing as well as an assortment of solar, wind and hybrid projects across the country.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-592465","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=592465"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592465\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}