Serentica Renewables has emerged as the largest awardee in the Solar Energy Corporation of India’s (SECI) FDRE VII Assured Peak tender, securing 600 MW capacity— the highest allocation granted to any developer under the auction.
The award marks a significant milestone for the company, as it prepares to execute its largest single-location Battery Energy Storage System (BESS) project to date.
BESS at the Core of Assured Peak Supply
Under the FDRE VII framework, Serentica will supply 2,400 MWh of peak power daily, supported by an integrated solar and battery storage system. The total tender capacity stands at 4,800 MWh, making it one of India’s most technically advanced renewable procurement programs.
Unlike traditional solar tenders that prioritize daytime generation, the Assured Peak model mandates energy delivery exclusively during non-solar hours, directly targeting India’s growing evening peak demand. To meet this requirement, Serentica will deploy a co-located solar plant and a four-hour BESS installation, enabling fixed peak supply each day.
The project will operate under stringent performance parameters, including:
- 70% monthly Demand Fulfilment Ratio (DFR)
- 85% annual DFR
These benchmarks are designed to ensure consistent, reliable clean energy delivery aligned with grid requirements.
Grid Stability and Dispatchable Renewables
By integrating storage with renewable generation, the project enhances dispatchability—addressing one of the key limitations of variable renewable energy sources.
Akshay Hiranandani, CEO of Serentica Renewables, stated that India’s energy transition is entering a new phase where reliability and availability are as critical as capacity expansion. He noted that the FDRE VII Assured Peak structure reflects a shift in procurement strategy, prioritizing evening demand fulfilment through sustainable solutions rather than focusing solely on daytime solar output.
He emphasized that Serentica remains committed to delivering renewable energy solutions that are clean, dispatchable, and aligned with the operational dynamics of the national grid.
Strengthening India’s Storage-Led Energy Transition
The project reinforces the increasing role of BESS-backed renewable systems in India’s decarbonization strategy. As the country moves toward round-the-clock clean energy supply, storage-enabled renewable assets are becoming central to ensuring grid flexibility, reliability, and long-term energy security.
With this allocation, Serentica strengthens its position as a key contributor to India’s transition toward a more resilient and storage-integrated renewable energy ecosystem.
