Vena Energy signs India’s first load-following RE PPA with SECI
Vena Energy has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 100 MW renewable energy project under the firm and despatchable renewable energy (FDRE) scheme. This is India’s first PPA structured around a load-following supply model. The load-following category is distinct from the round-the-clock and peak power formats seen in other FDRE projects. It aims to align renewable energy generation with the hourly demand profile of…