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Bharat Forge Invests ₹113.75 Million in Avaada’s Group Captive Open Access Solar Project

The investment represents 8.98% paid-up equity capital of Avaada SataraMH

December 4, 2020

/ Rahul Nair
/ Finance and M&A, Solar,
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A Pune-based multinational infrastructure company, Bharat Forge Limited, has invested ₹113.75 million (~$1.51 million) in Avaada SataraMH Private Limited (ASPL). The investment represents 8.98% of ASPL’s paid-up equity capital.

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Rahul Nair

More articles from Rahul Nair.
AvaaadaBharat ForgeMaharashtraPaid-Up EquitySataraSolar
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