Avaada to Invest $571 Million in 1-GW Bihar Solar Storage

• Avaada signs INR 50 bn MoU with Bihar to build 1 GW of solar projects plus batteries, creating 500 jobs and boosting the state’s new clean-energy policy.

Avaada Group has inked a memorandum of understanding with the Bihar government to pour INR 50 billion (USD 571 million) into a 1-GW portfolio of solar-power plants coupled with battery storage across the eastern Indian state. The commitment, announced on 31 July, marks one of Bihar’s largest clean-energy investments to date.

The multi-technology programme will deploy ground-mounted, floating and community-scale solar arrays, each paired with battery energy-storage systems (BESS) to shift excess daytime output into evening demand peaks. State authorities have agreed to expedite land allocation, grid-connection studies and other statutory clearances, while Avaada will finance, build, own and operate the assets.

Bihar’s new Policy for Promotion of New & Renewable Energy Sources 2025—launched the same day—catalysed four clean-power MoUs worth INR 53.4 billion and 2.36 GW. Avaada’s 1-GW pledge is the headline act, signalling the state’s determination to diversify a grid that still leans heavily on coal and imported electricity.

For Avaada, the deal dovetails with an aggressive national expansion plan. The Mumbai-based developer already operates about 5 GW of renewable capacity and is aiming for 11 GW by 2026 and 30 GW by 2030, while simultaneously scaling up module manufacturing, green hydrogen and pumped-storage projects. Earlier this year the company signed a 3.65-GW pumped-storage MoU in Maharashtra, underlining its pivot toward firmed renewable solutions.

Bihar’s energy department expects the initiative to create roughly 500 direct jobs and hundreds more across local supply chains. Construction is slated to begin once power-purchase agreements are executed, with most capacity scheduled to go live within two years—potentially bringing the first megawatts online before the 2027 summer peak.

By bundling distributed solar with on-site batteries, the programme promises not only to cut peak-hour blackouts but also to showcase how mid-sized storage can amplify renewables’ value in one of India’s most densely populated—and rapidly electrifying—states.