Serentica Renewables Signs Power Purchase Agreement with NTPC
Mumbai: Serentica Renewables, a leading renewable energy provider in India, 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.
The project will utilize hybrid solar, wind, and battery storage assets across multiple states, ensuring on-demand renewable power during peak hours. The integration of large-scale energy storage ensures reliable power supply, reducing reliance on conventional thermal power.
“This agreement exemplifies our commitment to providing reliable and sustainable renewable energy solutions,” said Akshay Hiranandani, CEO of Serentica Renewables. “Our FDRE model ensures that we can deliver clean energy when it’s most needed.”
The project is expected to contribute to a greener, more sustainable energy mix for Uttar Pradesh, supporting the state’s energy transition goals and India’s net-zero ambitions.
