Evren inks 300 MW renewable PPA with NTPC
POWER & RENEWABLE ENERGY

Evren inks 300 MW renewable PPA with NTPC

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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement