Evren and NTPC Forge Path Towards Sustainable Energy Future

Evren, a pioneering platform launched by Brookfield in India, has announced a significant 300 MW power purchase agreement (PPA) with NTPC, India's state-owned power giant. This landmark deal is set to revolutionize the renewable energy sector by combining solar, wind, and battery storage technologies to ensure efficient energy dispatch during peak demand periods.

Photo credit- IANS

Innovative Renewable Energy Solutions

The agreement involves the development of nearly 1 GW of renewable energy capacity, including wind, solar, and battery energy storage. This initiative not only supports power distribution companies in aligning power demand with renewable supply but also aids in fulfilling their renewable energy consumption and storage obligations.

Leadership Insights

"The FDRE tender marks a great milestone for Evren. We are proactively investing in a large pipeline of high-quality resources, including interconnect approvals and data-mapped land, enabling us to provide decarbonization solutions at scale," stated Suman Kumar, CEO of Evren. This partnership underscores Evren's commitment to contributing significantly to India's renewable energy transition.

About Evren

Evren, a joint venture between Brookfield and Axis Energy, boasts a portfolio exceeding 11 GW, featuring a 7 GW late and mid-stage pipeline of solar and wind projects across India. This collaboration with NTPC is a testament to Evren's role as a key player in India's renewable energy landscape.