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Avaada to Invest Rs 1 Tn as it Scales Clean Energy Portfolio

2025-12-02

Avaada Group has unveiled an aggressive five-year investment plan as it looks to deepen its presence across the clean energy value chain and capture rising demand from emerging sectors. The integrated clean energy company said it will invest Rs 1 trillion over the next five years and expand its workforce by 10,000 people within the next three years, marking one of its largest growth commitments to date.

Vineet Mittal, chairman of the group, said the strategy aims to strengthen the company’s self-reliant ecosystem while scaling vertically integrated capabilities. “We want to become the world’s most vertically integrated clean energy company where what we consume and what we produce can be used in the ecosystem and supply chain, and our supply chain resilience becomes more Atmanirbhar,” he said.

A key element of Avaada’s expansion is its advanced manufacturing ecosystem, including its Nagpur facility, which houses the complete value chain — from converting polysilicon to producing finished solar modules. This integration is expected to support the company’s ambitions across solar, green hydrogen, green ammonia and other new-age clean energy segments.

The group’s investment roadmap aligns with India’s accelerating push toward renewable energy and domestic manufacturing scale. With global supply chains undergoing rapid transformation and industries shifting to low-carbon operations, Avaada aims to position itself as a comprehensive solutions provider capable of meeting both domestic and international demand.

Industry observers note that large-scale investments of this nature could help bolster India’s renewable manufacturing competitiveness, reduce import dependence and create thousands of green jobs. Avaada’s planned workforce expansion reflects its expectation of sustained growth across manufacturing, project development and emerging clean energy technologies.

The company’s five-year vision highlights a significant step toward building a resilient, integrated clean energy ecosystem anchored in domestic capability and long-term sustainability.

News source: The Hindu Businessline

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