Bhopal, Feb. 24 -- Avaada Group is planning a significant investment of Rs 50,000 crore in Madhya Pradesh over the next five years, with most of the projects expected to materialize within three to four years, said Chairman Vineet Mittal in an exclusive conversation with ANI.

He stated that the Avaada Group has been actively involved in Madhya Pradesh's green energy sector since 2010. The company had set up the state's first large-scale solar power plant with a capacity of 151 megawatts.

Over the years, Avaada has expanded its presence by developing various renewable energy projects, including solar, wind, and pumped storage battery systems.

He said "currently we are considering around 50,000 crore investment into Madya Pradesh over a ...