AMPIN Energy Transition and the Solar Energy Corporation of India (SECI) have signed a 25-year Power Purchase Agreement (PPA) for a 199 MW/800 MWh Firm and Dispatchable Renewable Energy (FDRE) project. This concept combines renewable energy sources with Battery Energy Storage Systems (BESS) to provide consistent electricity even after dusk. The agreement was reached when AMPIN was awarded the project in SECI’s Tranche VII 1.2 GW/4.8 GWh FDRE bidding at a tariff of INR 6.28 per kWh.
Under the project, AMPIN will develop renewable energy plants integrated with battery storage capable of supplying 800 MWh of assured peak power every day. This is equivalent to delivering around 200 MW of electricity for four hours during periods of high demand.
Unlike conventional solar projects that generate power only during daylight hours, the battery storage system will store excess renewable energy and release it when electricity demand rises in the evening or when solar generation is unavailable. This will help ensure a more dependable supply of clean energy while reducing dependence on fossil fuel-based power during peak hours.
The company said the project is designed to strengthen grid reliability by delivering renewable electricity during non-solar hours. As India continues to add large amounts of solar and wind capacity, battery-backed renewable energy projects are becoming increasingly important for balancing power supply and demand.
By integrating energy storage with renewable generation, the project will also support the country’s transition towards a cleaner and more flexible power system. It is expected to help utilities meet growing electricity demand while maintaining grid stability.
According to the tender conditions, the electricity procured by SECI from the project will be supplied to power distribution companies and other buying entities through back-to-back power sale arrangements. The allocation of power to these offtakers will be decided by SECI.
The project is part of the Government of India’s broader push to promote Firm and Dispatchable Renewable Energy (FDRE), which aims to provide renewable power that is available whenever required rather than only when the sun is shining or the wind is blowing.
In order to increase energy security and promote the integration of renewable energy sources, India has been promoting the installation of battery energy storage systems through competitive bidding. These initiatives are anticipated to be crucial in helping the nation meet its clean energy goals while guaranteeing consumers a steady supply of electricity.
AMPIN Energy Transition increases its portfolio of storage-backed clean energy projects and fortifies its position in India’s renewable energy sector with the signing of this long-term agreement. By providing reliable renewable energy, promoting grid stability, and hastening India’s shift to a low-carbon energy future, the project, according to the corporation, will help create a more robust power system.
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