Hexa Climate has signed a 160 MW Firm and Dispatchable Renewable Energy (FDRE) Power Purchase Agreement (PPA) with NHPC Limited, marking a significant step in expanding India’s round-the-clock renewable energy capacity.
The agreement will support the supply of reliable renewable power by integrating multiple clean energy sources with energy storage, enabling consistent electricity generation even during periods of low solar or wind availability. Firm and Dispatchable Renewable Energy projects are designed to deliver scheduled power while reducing dependence on conventional fossil fuel-based generation.
The 160 MW project is expected to combine renewable energy generation with advanced energy storage systems to ensure stable power delivery and improve grid reliability. Such projects play an important role in supporting India’s energy transition by addressing the intermittency associated with solar and wind power.
The PPA also aligns with the Government of India’s objective of increasing the share of renewable energy in the country’s power mix while ensuring grid stability. FDRE projects are emerging as a preferred solution for utilities and distribution companies seeking dependable renewable electricity that can meet demand throughout the day.
For Hexa Climate, the agreement strengthens its position in the rapidly growing renewable energy sector and expands its portfolio of utility-scale clean energy projects. Meanwhile, NHPC continues to diversify beyond hydropower by procuring renewable energy from solar, wind and hybrid projects integrated with energy storage technologies.
The project is expected to contribute to India’s clean energy goals by reducing carbon emissions, enhancing renewable energy integration and supporting the development of a more resilient electricity grid. As demand for firm renewable power increases, partnerships between renewable energy developers and public sector utilities are expected to accelerate the deployment of large-scale FDRE projects across the country.
The agreement reflects the growing momentum in India’s renewable energy market, where developers are increasingly focusing on hybrid generation and storage-based solutions capable of delivering reliable, dispatchable clean electricity.
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