Mumbai, April 24 -- Evren, Brookfield's India-based renewables platform, has signed a 300 MW power purchase agreement (PPA) with state-run NTPC for firm and dispatchable renewable energy supply.
The project will involve setting up nearly 1 GW of hybrid capacity-combining solar, wind, and battery energy storage-to deliver reliable green power during peak hours, helping discoms meet both energy demand and regulatory obligations for renewables and storage.
Designed to supply 300 MW of firm renewable energy, the integrated setup will offer greater dispatch efficiency during high-demand periods, a key requirement as India ramps up its renewable mix.
"The FDRE tender is a significant milestone for us," said Suman Kumar, CEO of Evren. "We're investing proactively in quality resources, including land banks and interconnect approvals, to enable large-scale decarbonisation."
Evren was launched by Brookfield in partnership with Axis Energy. The platform has a portfolio of over 11 GW, with 7 GW of mid- and late-stage wind and solar projects spread across India.
Published by HT Digital Content Services with permission from Construction World.