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BusinessOct 22, 2025 09:34 AM

Brookfield-backed Avaada Electro files DRHP with Sebi for Rs 10,000 crore IPO

Brookfield-backed Avaada Electro has filed a DRHP with SEBI for a Rs 9,000-10,000 crore IPO. The solar manufacturing firm plans to expand high-efficiency TOPCon module and cell capacity across Uttar Pradesh and Maharashtra, positioning India as a global leader in domestic solar manufacturing. Avaada Electro Private Ltd, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has confidentially filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board o ...Read More >

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