In a major step towards strengthening India’s clean energy transition, Serentica Renewables, a leading renewable energy solutions provider, has signed a Power Purchase Agreement (PPA) with NTPC Limited to supply 200 MW of Firm Dispatchable Renewable Energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMs).
The agreement marks a significant move in delivering reliable, on-demand green energy to the state, particularly during high-demand morning and evening peak hours. The power will be sourced from an integrated renewable energy project comprising over 600 MW of hybrid solar, wind, and battery storage assets strategically developed across multiple locations in India.
With this PPA, Serentica will utilise its state-of-the-art hybrid infrastructure to ensure a continuous and dispatchable power supply, even during periods of low renewable generation. The project is expected to significantly reduce Uttar Pradesh’s dependence on thermal power, furthering its sustainability goals.
Akshay Hiranandani, CEO of Serentica Renewables, emphasised the importance of the agreement, stating, “This agreement exemplifies our commitment to providing reliable and sustainable renewable energy solutions. By integrating solar, wind, and advanced storage technologies, we can offer Uttar Pradesh a consistent, firm energy supply, particularly during times of high demand, contributing to the state’s energy transition goals.”
Serentica’s FDRE model is designed to address the intermittency challenges typically associated with renewable energy by offering a stable, cost-effective green power solution to industrial and commercial consumers. Through innovative integration of renewable sources and energy storage, Serentica continues to play a pivotal role in enabling India’s shift toward net-zero emissions.
