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FDRE

The contract value is estimated at INR34.9 billion (US$376.75 million). Image: SECI.

SECI launches 4,800MWh FDRE tender backed by co-located energy storage

June 15, 2026
SECI is inviting bids for 4,800MWh of firm and dispatchable renewable energy capacity supported by co-located energy storage systems. 
An Avaada Group manufacturing plant.

Avaada secures US$950 million financing for FDRE and solar PV projects in India

June 2, 2026
Avaada Group has secured nearly US$950 million in debt financing across three utility-scale renewable energy projects. 
The agreement, signed through its subsidiary ACME Renewtech Sixth Private Limited, will see the company supply four hours of assured peak power during non-solar hours under SECI’s FDRE Tranche-VII tender. Image: ACME Solar via LinkedIn.

ACME, SECI sign 25-year PPA for 300MW/1,200MWh project  

May 26, 2026
ACME Solar has signed a 25-year PPA with Solar Energy Corporation of India (SECI) for 300MW/1,200MWh of ISTS-connected FDRE project. 
Image: Unsplash/Andreas Gücklhorn.

Evren secures US$600 million to develop 1GW hybrid FDRE portfolio in India

April 23, 2026
Evren has secured US$600 million in financing to develop a 1GW hybrid firm and dispatchable renewable energy (FDRE) portfolio across Andhra Pradesh and Rajasthan.
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