Avaada Group, a prominent player in India's renewable energy sector, has revealed a grand investment plan amounting to INR 1 lakh crore in Rajasthan. The ambitious initiative includes the establishment of a 1.2 GW pumped hydro storage project, a 1 mtpa green ammonia project, a 1 GW wind power project, and a massive 10 GW solar power project in various regions of Rajasthan. The Memorandum of Understanding (MoU) signed with the Government of India underlines the commitment of both parties to foster renewable energy growth in the state. This move aligns with the government's vision to create an industry-friendly ecosystem and promote innovation. The projects, spread across Jhalawar, Kota, Barmer, and Bikaner, are set to bolster Rajasthan's status as a prime investment destination in India. Chairman Vineet Mittal emphasized the strategic importance of Rajasthan to Avaada Group and highlighted past milestones such as the launch of a 1,250 MW solar project in Bikaner. Avaada's vision extends to a 6 GW solar venture, further solidifying Rajasthan's potential as a green energy hub. With a strong focus on sustainability, the group aims to have the solar, wind, and green ammonia projects fully operational by 2030. Additionally, Avaada Energy envisions reaching an installed capacity of 11 GWp by 2026, showcasing its commitment to renewable energy expansion. International backing in the form of a $1.3 billion funding commitment accentuates the confidence in Avaada Group's projects, with contributions from global entities like Brookfield and GPSC. This substantial investment not only propels Rajasthan towards a greener future but also underscores Avaada Group's pivotal role in India's renewable energy landscape.