Avaada Electro Solar PV Manufacturing Expansion and IPO
Sector: Solar • Location: India
Source: TaiyangNews
Avaada Electro, the solar PV manufacturing arm of Avaada Group, is planning to go public with an IPO of INR 9,000 to 10,000 crore. The company currently operates an 8.5 GW solar module production line and plans to add 5.1 GW by FY2027. It also aims to bring online 6 GW solar cell production capacity by FY2026 and another 6 GW by FY2027, expanding total solar PV manufacturing capacity significantly
- Status
- Prospective
- Sector
- Solar, Manufacturing (Industrial), Commercial
- Location
- India
- Updated
- 22 Jul 2026
- Source
- TaiyangNews
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Avaada Electro, the solar PV manufacturing arm of Avaada Group, is planning to go public with an IPO of INR 9,000 to 10,000 crore. The company currently operates an 8.5 GW solar module production line and plans to add 5.1 GW by FY2027. It also aims to bring online 6 GW solar cell production capacity by FY2026 and another 6 GW by FY2027, expanding total solar PV manufacturing capacity significantly. Additionally, the company is building a 1,200-ton-per-day solar glass facility and accelerating work on an ingot-wafer-cell-module production line. |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | TaiyangNews |
URL |
More Details
Record type | Project |
Sector | Solar, Manufacturing (Industrial), Commercial |
Article published date | 2026-04-30 |
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