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Serentica Inks 100 MW Round-the-Clock Clean Energy Deal with SECI

Written by: Team Angel OneUpdated on: 19 Sept 2025, 4:16 pm IST
Serentica signs a pact with SECI to supply 100 MW of clean power through India’s first load-following PPA, generating 400 GWh each year.
Serentica Inks 100 MW Round-the-Clock Clean Energy Deal with SECI
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Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 100 megawatt (MW) clean energy project. The announcement was made on Thursday.

First Load-Following PPA

As per the news reports, this is India’s first “load-following” PPA, designed with SECI and state distribution companies to match seasonal demand patterns. The agreement requires electricity delivery aligned with the actual demand of buyers on an hourly or sub-hourly basis.

Serentica must fulfil 80% of the specified hourly demand each month. The supply commitments will range from 17 MW during low-demand hours to 100 MW during peak demand.

Technology Mix

To meet the demand-linked supply, the company will use a combination of wind, solar, and battery energy storage systems (BESS). This mix is intended to balance variable generation and ensure round-the-clock availability.

The project is expected to generate more than 400 gigawatt hours (GWh) of electricity annually. Tariff details and the project location have not been disclosed.

Industry Context

Load-following PPAs differ from traditional fixed-supply agreements by linking generation with real-time consumption. The arrangement plans to create a closer match between renewable energy supply and grid demand.

Read more: Andhra Pradesh Govt Approves 2,600 MW Renewable Energy Projects worth ₹43,358 Crore!

Conclusion

The 100 MW project, backed by Serentica Renewables and SECI, introduces the first load-following PPA in India. With obligations ranging between 17 MW and 100 MW, and an expected annual output of over 400 GWh, the project establishes a new structure for clean power supply in the country.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Sep 19, 2025, 10:46 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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