Vena Energy has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW firm and dispatchable renewable energy (FDRE) project under the load-following category.
This marks India’s first load-following FDRE PPA, requiring the developer to match supply with the hourly demand profile of distribution companies. The project will integrate wind, solar, and energy storage systems to deliver consistent, demand-aligned renewable power. It is expected to generate around 380,000 MWh of wind and 133,000 MWh of solar energy annually.