Avaada Electro Secures Securities and Exchange Board of India Nod for IPO
Brookfield-backed solar PV manufacturer, Avaada Electro strengthens its market position as one of India’s largest module makers, supported by diversified clean energy operations under Avaada Group.
April 20, 2026. By News Bureau
Avaada Electro is one of the largest solar PV module manufacturers in India by operational capacity as of September 30, 2025. The company is ALMM-enlisted and has a strong foothold in the high-efficiency module market. Avaada Electro is part of the Avaada Group, a diversified clean-energy conglomerate spanning Solar PV manufacturing, renewable power generation, green hydrogen and derivatives, Pumped Hydro Storage, Battery Storage and Green Data Centres. The group, backed by Brookfield Renewable Partners and Thailand’s GPSC (PTT Group) raised over USD 1.3 billion in 2023 to fund expansion across solar, hydrogen, battery-storage and green-ammonia verticals.
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