Avaada Group has announced an estimated investment of 5,800 INR-Crore to establish a 1200 MW Pumped Storage Project in Rajasthan.
The group signed a Memorandum of Understanding (MoU) with the Energy Department, Government of Rajasthan, and its subsidiary, Avaada Aqua Batteries Pvt Ltd. This transformative project, named the Kadambari PSP, will rise in the Sirohi district. The pumped storage project is set to strengthen Rajasthan’s energy security and promote environmental sustainability. It will also generate employment and drive economic growth, making a lasting impact on the region.
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This venture builds on the ambitious plans of Avaada in Rajasthan, which include projects like a 1 MTPA Green Ammonia facility, 1 GW Wind Power Projects, and 10 GW Solar Power Projects. This development will ensure the state’s rising energy demands are met sustainably while fostering economic resilience.
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