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BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project

BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […]

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Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs

Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS).  The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […]

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TPREL Hits 10.9 GW Capacity With NTPC’s 200 MW FDRE Deal

Tata Power Renewable Energy Limited (TPREL), signed a Power Purchase Agreement (PPA) with NTPC Limited (NTPC), to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. Tata Power Company subsidiary’s FDRE project is spread across multiple locations in India and is set to be completed within 24 months. This project is expected to […]

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Zelestra In FDRE Deal With SJVN Through 500 MW Of Wind, Solar & BESS

Spanish decarbonisation firm Zelestra has signed a long-term contract with SJVN to supply firm and dispatchable renewable energy (FDRE) in India, enabling the construction of a portfolio of 500 MW of wind, solar and battery storage projects. The innovative hybrid multi-technology project will deliver 24/7 clean energy generation, with wind, solar and battery storage technology […]

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SECI’s 630 MW FDRE Project Moves Ahead With Adoption of Tariff

A journey that started in September 2023 through the issue of a tender for Renewable energy with energy storage for 1260 MW of Firm and Dispatchable Power (FDRE) has moved a step closer to fruition with the adoption of Tariffs by the CERC. The five winning firms in the tender had finally been awarded capacities […]

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ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr

ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […]

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ReNew, Enfinity, Serentica Among Winners of SJVN’s FDRE tender

SJVN has announced the winners of its 1.2 GW Firm and Dispatchable Energy (FDRE) tender. As per the tender announcement, SJVN awarded the bids to ReNew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy to develop 1,200 MW ISTS-connected projects for firm and dispatchable […]

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FDRE Projects Prone To Several Financial Risks, Says EMBER

A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […]

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SECI Awards 200 MW FDRE Project To Altra Xergi At Rs. 8.50/kWh

Altra Xergi Power, an O2 Power subsidiary, recently secured a 200 MW project from Solar Energy Corporation of India (SECI). The company secured this project out of the initial 8,000 MWh (2000 MW x 4 hours) renewable energy tender. The Altra Xergi secured the project from SECI at the quoted tariff of Rs. 8.50/kWh to […]

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