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Airtel Acquires Stake in Avaada’s 10 MW Open Access Solar Project in Karnataka

Nxtra Data has acquired an 11.33% equity stake for ₹28.07 million

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Bharti Airtel, one of India’s largest telecom companies, and its data center subsidiary, Nxtra Data, have acquired a 7.03% and 11.33% equity stake in Avaada KNShorapur, a special purpose vehicle operating a 10 MW open access solar project in Karnataka.

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