Renewable Energy Venturespl8
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“Fostering a global green fututre with green technology in the lead.”

AVAADA:

AVAADA PROMISE:

Bring value to people

We value people. An inherent responsibility towards local communities, our employees, our customers and our stakeholders motivates us to create a better future for them. Our ethical and transparent approach to business ensures that our partners are just as passionate and proud of the business, as we are.

Protect the environment

Mother Earth is a provider. We believe in giving back to the planet that has provided us with abundant resources. Which is why, we work in balance with nature. We respect the elements. When we harness power from the sun and wind, we also work to protect the environment and create a cleaner, greener world.

Create value

Value creation is a result of focused and ethical business practices. We promise to build our business on par with the best in the world. Our structured approach to expand our business and maintain complete transparency in our dealings ensures value creation for us and our stakeholders.

THE AVAADA ETHOS

Avaada is the story of our promise. A promise of responsibility. Progress. Partnership. To stay true to our values and disruption, for a better future. Inspired by the philosophy of Ayurveda and the concept of balance, we strive to work in tandem with nature in everything we do, from our renewable energy projects to our community development initiatives. It’s a new way of doing business – with utmost consciousness, sustainability and synergy. We infuse a new lease of life in the renewable energy sector and promise to stay true to our values to deliver progress and wellbeing for all.

AVAADA promise comes to life in our visual identity. It represents the coming together of ideas, technology and people. The sense of motion in our identity is characteristic of forward movement and progress. Finally, our colour palette, consisting of blue and green, speaks to nature, life and sustainability. Individually these colours have distinct characteristics; in unison they promise a powerful story of innovation and responsibility for a brighter tomorrow.

CREATING THE FUTURE, NOW

Chairman’s vision “Today the world is talking about renewable energy. Creating a sustainable world is the mantra of every progressive nation. It gives me great hope for our future. World over sustainable energy initiatives are being undertaken at a massive scale. India is creating a leadership position in this sector. Change is happening, now. The future is being created, now. Renewable energy is the future. It is available to us in abundance. All we have to do is to tap it and use it for the betterment of the present as well as future generations. It is a great feeling when I see that we, at AVAADA, are taking big strides in the renewable energy sector. I believe that business and sustainability goals can coexist. Each can be achieved without compromising on the other. Our all-inclusive approach defines the goals we want to achieve for the community, for the planet as well as our business. Driven by a purpose to make the world a better place to live, we are moving forward with a clear resolve and a strong intent.” – Vineet Mittal

Vineet Mittal, Chairman, AVAADA Group

A social entrepreneur, pioneer and evangelist of sustainable development Vineet has been a vanguard of the clean energy transition in emerging economies across Asia and Africa. His passion for sustainability originates from the ancient Indian Vedic philosophy of ‘Mata bhoomi putro aham prithiwaya” – The Earth is to be protected like a mother and nurtured for future generations. His strong emphasis on generating clean energy led to the creation of AVAADA. An alumnus of Harvard Business School, Vineet is on B20’s taskforce for financing growth and infrastructure and is also a member of its cross thematic group called anti-corruption and responsible business conduct. He was twice named among the 100 Most Powerful Business Leaders in Indian PV Solar Market in 2018 and as the ‘Solar Man of the Year’ in 2014 and 2012.

Sindoor Mittal, Vice Chairperson, AVAADA Group

As Vice Chairperson at AVAADA, Sindoor is responsible for strategy and leadership development. Apart from her business responsibilities, she is keenly involved in the company’s sustainability endeavor. Sindoor started her career by working with a $500mn private equity fund and then proceeding to be an entrepreneur. She was instrumental in setting up Welspun Energy’s initial solar portfolio, at a time when few companies were in the business. She spearheaded Equity fundraising by bringing on board institutional investors like ADB, DEG and GE. Thereafter, she successfully handled the sale of the organisation’s ~1140 MW renewable portfolio to Tata Power. Sindoor has been felicitated as Woman Leader of the Year 2018.

T.R. Kishor Nair, Chief Operating Officer

Kishor is a dynamic personality known to lead his team and the organisation from the frontlines. An electrical engineer from Kerala University, he is strongly grounded in different aspects of the energy business – project management, strategic business planning and business development. As the Chief Operating Officer at AVAADA, he is responsible for business strategy, business development, EPC & project management. In the last 6 years at Welspun Energy, he was responsible for developing ~1140 MW of renewable projects. With over 4 decade of experience, he has global exposure in planning, monitoring and executing projects with leading companies such as NTPC, Bechtel and Reliance Power. Kishor is a prolific speaker in the field of renewable energy

AVAADA – FUTURE FOCUSED

The future is happening now and we are excited about it. We are passionate about our business. We promise to deliver clean, affordable and abundant power. Backed by our credentials and the trust of our stakeholders, we are making the world future-ready in the renewable energy sector.

Our experience sets us apart

AVAADA is a leading developer of renewable energy projects. Our team has proven Engineering, Procurement & Construction (EPC) capabilities. Building complex solar and wind projects across diverse geographies is our speciality. These projects have been accredited and certified by international organisations in the past. Armed with robust technical know-how and industry experience, each project that is conceptualised, built and operated has set benchmarks in project management and optimal plant performance. Meeting infrastructural and quality standards, together we the team at AVAADA have built India’s largest portfolio of solar power projects, aggregating to 1 GW capacities and another 11 GW project pipeline has been developed across emerging African and Asian countries.

Providing the entire gamut of services

We are experts in delivering end-to-end project implementation support to clean energy developers (inhouse & third party customers) through land acquisition, liaising, permits & clearances, evacuation infrastructure, turnkey EPC solution supported by project financing facilitation. We have an in-house capability to undertake engineering support services viz. designing of clean energy power projects, undertaking design reviews, construction supervision support, etc.

A clear focus on systems and processes leads us

When you are clear about your purpose, it helps. Our team of project managers are adept in executing power projects flawlessly by consistently decreasing project development cycle. We have built projects within budgeted costs, thereby enhancing financial profitability. Our clean energy projects meet global and domestic green energy capacity and climate change mitigation targets.

Innovation is our driving force

AVAADA aims to continuously innovate in the areas of reducing project timelines and improving efficiency of operations. We have numerous patents in different aspects of project engineering and design. Our innovative spirit in solar project development has been lauded and awarded in the past. We will firmly establish our image as a game changer and continue to achieve excellence in design, engineering and project development consistently

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